You can accept their offer, or you can engage your own appraiser who may come up with a higher valuation.

By trying to engage a new PM from out-of-state, you will again be putting your investment in the hands of a party who isn't being paid to put your interests first.

It's kind of ironic that it's mostly the big players that benefit from the stock market -- CEOS, hedge fund operators ...but it is an investment that is marketed to the average employee/investor.

Again im just trying to gather expertise insight or opinions of others on the situation not here to get engage in any negativity.

Stay active and engage the community.

- If you have a real estate LLC, does the LLC have to issue 1099s since rental RE is the trade or business the LLC is engaged in?

In fact, it shows over capability and proof you are a real player when you do so.Dealing with private sellers could be a different story and now that it has been mentioned, a POF should not be needed in such a deal, most are not sophisticated enough to ask for one.

So read up, engage, ask questions and when a deal falls in your lap, post the numbers and details so we can give you some advice.Happy investing,Glenn

Welcome to the site, glad you decided to engage.

(to others, Ryan and I have been talking by email, and he does not have a local property manager.)I'm also engaging Brian Lucier, who is a very experienced MA landlord.