All bids will be reviewed after the 20 days and evaluated then.  

Hi BP team

I came across a single family in the north houston area and I'm thinking about making it my first purchase as a turnkey rental. I have had analysis paralysis too long and I need to act! I would love some a...

@Dan KrupaYou will want to evaluate the various plan formats and providers to see what will work best for your needs.SDIRA custodians (trust companies) will allow for such investments, but will hold the funds and process all transactions.  

Can't just look short term, have to look long and evaluate if such action(s) are going to help or hurt you. 

What information do I need to gather from the agent / seller, and what additional due diligence do I need to do when evaluating this property versus when we evaluate SFR & Duplex?

First Question, did your LO evaluate your purchasing capability, based on purchase price, potential rents & etc.

I'd like to start evaluating smaller sized MFH deals but am not sure where to look.

If that threat doesn't get them to pay up, you should evaluate for yourself the time/effort/cost of a lawsuit and the probability that even if you win they will pay up. 

Hi Tony, A few things that I would consider when evaluating a market:Population TrendsJob TrendsJob DiversityWho are the top employers in the marketAre companies moving into market/leaving marketNew construction startsWhat are the top industries/Is the market dominated by oneHope this helps!

The local credit union I'm working with to finance the deal has performed a $450 "real estate evaluation" (i.e. off-site, desk appraisal) on the property and arrived at a value of $110k.I questioned my LO about the appraised value and they admitted the scope of the appraisal was to formulate a "liquidation value," not a FMV.