Speaking with references can provide first-hand accounts of the sponsor's performance and reliability.

They may have an appraiser or broker perform a BPO (what they did for me) and so you need to be very sure the value is there. 

Vacancy is based on the area norm and the past performance of the property, so not a set amount. 

If you are looking in the Branson market, give him a call (417) 973-1987Super exciting - keep us posted on the property performance!

The only potential problem is a very old and changing interpretation of the validity of doing this when performing a 1031 exchange. 

Here is a great example why.I recently saw this asset come across my desk which was a non performing loan where the seller was a year behind (they made one payment I believe - even though they were allegedly properly underwritten).

It's a large financial investment; hence I'm performing my due diligence....something every savvy investor would do before making a deal.  

While owning properties in an LLC is a solid foundation for liability protection, it's wise to continually reassess and enhance your strategy.

This raises a critical question: Is there a genuine rental demand in these areas, despite the city's ongoing efforts to enhance infrastructure?

You are paying for an agent's performance, reputation, and ultimately to get you the highest price without wasting anyones time.