Doing the LLC for asset protection and strategy is just long term hold.Thanks in advance, Scott

If the property is considered non-warrantable, you should still be able to do a standalone 2nd mortgage at 75-80% CLTV on an owner occupied nonqm 2nd mortgage. 

Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

Where do you find the purchase and sale agreement contracts and assignment contracts and how do you know they are legit?

My son is hinking about getting it so I am trying to do some market research.Thank you

Here are a few common pitfalls to avoid:Overpaying for a Property – It’s easy to get carried away in a bidding war or buy a property without doing the proper math.

I see you are a realtor do you service that area? 

Some of the national data sites have pricing suggestions that run both high and low.

@Cole HarrisKeep in mind that square footage has a lot to do with pricing as much as bedroom count and/or revenue. 

But like @Ryan Harrell and @Min Zhang said, be prepared for a counteroffer or an outright rejection.As a rule of thumb, if I were you, I’d ask myself: if I had to pay full asking price for the property, would I still want to do the deal?