Additionally, the rental arbitrage strategy is not investing, its operating a business.... an extremely risky business.

Further context, I have zero debt, high 700s credit score, one other investment property here locally. 175k in cash available, looking to do DSCR loans or cash and then refinance.Peoria, Illinois- Great need for lower income housing, market appears to have many options.Lawton, Oklahoma- Looking only at extremely cheap properties, as it seems it’s not terribly hard to find renters.

Your clients will be trusting you with some of the most expensive transactions theyll ever make and an error on your part will likely cost them thousands.

-Transfer the property into an LLC – This may allow me to take ownership while potentially avoiding property tax reassessment, however this sounds like an involved process-Establish a living trust for my aunt and mother – The trust would specify that I inherit the property upon their passing and provide step up in cost basis but i'm worried that the living trust can be modified to have me removed (who knows what can happen) - My mother is somewhat volatile.I would like to live in the property and my mother will live in her second property with her husband. 

I can answer your first question: Logan is home to the stunningly beautiful - and extremely popular - Hocking Hills State Park.

Really the person that is going into the flipping game should know the market very well to do these comps on their own, and back it up by asking their trusted real estate agent/professional for confirmation.

I really trusted my agent and knew several people who had invested in Reno so I took the leap after trying and failing for years to buy my own home in really high cost cities where I lived (NYC, DC, SF Bay area). 

Partnering up with family that has trust in our track record boosts confidence and allows for continued business.

Totally different policies and procedures.Sounds like you don't trust your agent though. 

Trust me, your branch bankers will be ill-equipped to answer your questions.