Importantly, the LOI isn't legally binding but serves as a preliminary document outlining your interest, potential purchase price, and contingencies, allowing for negotiation before finalizing a purchase agreement.

I'd wager most of this forum would be better off investing in equities then in real estate. 

I'd wager most of the agents, and lots on here, would consider that same logic and dismiss me. 

Once you've shortlisted potential properties, research local zoning regulations and schedule physical viewings to confirm modification potential and overall condition, considering bringing along a contractor for a preliminary assessment of conversion feasibility.

The preliminary report says we would be eligible for ~$390k in eligible deductions.

Hello to All, My name is Lynwood Washington and early preliminary stages of planning to make strategic moves to purchase my first rental property.

Research  The wage rates for the positions you want to hire, in your area.

So I’ll wager they get the listing agreement signed with you, then proceed to do as little work as possible for you, and you have a hard time getting in touch with them again for anything except trying to get you to keep lowering your price until the property eventually sells at a steep discount for the buyer.

I met with someone I am interviewing for a job that also owns real estate and he began a preliminary very cursory review of my portfolio and immediately stated that given the current market value of my portfolio and the number of “doors” that I had my CoC return really needed to be addressed before I considered purchasing any new properties because it was too low and my current level of cash flow needed to be looked at because he also felt that should be higher.

We have performed a preliminary market analysis but would appreciate any and all advice on the current market from those currently involved.