Any such study is tainted by the fact that Zillow lost an enormous amount of money on their own home buying initiative.

Often times this commission is a percentage, but if the value of the property is LOW, the commission could be a fixed dollar amount.

I know MLS listings aren't guaranteed accurate, but getting the acreage, city and zip code wrong is hard to swallow as an honest mistake.We have a financing contingency, so if it doesn't appraise for the contract amount due to the lower acreage and different city/zip, we can renegotiate purchase price.

Sometimes we see large amount of equity in a primary residence that can be borrowed against, even in 2nd position if it has a great rate that you don't want to lose.  

$500 per day penalty up to $10,000 and up to 2 years in prison for willful evasion per entityNo cap on the amount of entity penaltiesCheck with your CPA, Tax Advisor or attorney on this as it is a freight train of compliance coming!

Anyway thinking for a bit we will continue on this path and look for more old houses but, of course, the price has to be right vs the amount of work that has to be done. 

When I read the bank would accept 91k I understood that to mean that was the 30 day payoff amount on the mortgage.  

Each tenant living in a building has their own unique rent amount, so even if they do not leave a notation with the rent payment, I know whom paid the rent based on the amount alone.

Soon once I have the liquid amount.

The amount of work and effort to get this accomplished and what it really saves you is not what you think it will be.