Adding an egress window in the basement - making it a LEGAL bedroom - Cleaning it up and removing the coy pond that did nothing but breed mosquitoes - painting the siding to give it a fresh new look What was the outcome?

Hello, my name is Alex, and I am a fresh wanna be real estate investor from the start.

When planning a transaction that involves conveying real property to a controlled entity, the property tax records should be reviewed to determine whether there is a gap between the fair market value (“FMV”) (from the county property appraiser’s perspective) and the assessed or taxable value (the amount on which the tax is calculated).

There is a very big difference from a legal perspective.

Hey Bruce, I share your perspective. 

However, a few things I would suggest to give you a better perspective is: 1) Talk to property management companies in the area to see if they operate in the area and/or have comments on tenants in the area, 2) Speak to a few banks to understand how they would lend on this property, 3) Scan Zillow/craigslist and other listing sites to understand the rental market for listings...

For reference, I am speaking from a long term rental perspective.

I do not offer quick cleans or reoccuring services, so my perspective is from providing high quality tesults. 

I'm not going to regurgitate the excellent info these guys provided as they're all very experienced, I just want to provide a slightly different perspective.

What to look for, pitfalls, protections and contingencies to have in place for the investor perspective aand from the wholesaler perspective.