If you are a sole member LLC then the LLC doesn't do much in taxation alteration, it is considered disregarded.

If not, please disregard what I'm about to say...You cannot use comparables that are over a decade old to determine current value.Start with properties sold within the last six months, in the same subdivision or within .5 miles of the subject property.

This includes election as a disregarded entity."

This money is not needed anywhere else and is just sitting in a bank collecting bank interestConsidering your main focus is your primary business, you feel like you will have time for at most 2 - 4 smaller properties in the 1st couple years while you gain experienceFor the sake of this argument, any extra income won’t effect your tax bracketWe are also disregarding the added liability of having 100% equity in a property, although as you will see, it really shouldn’t matter much in this scenarioYou have found and are ready to buy your 1st propertyOh, and here’s the twist…Four unit properties in your area have a purchase price of $1000.00 - $3000.00.

I am new to all of this so disregard any ignorance I display in my post.

Letting that sort of thing slip could lead to more disregard and everyone who goes to the property is a potential renter, so you want to keep the presentation of the property up.

Either way I'd disregard them and work with another buyer.What you can reasonably expect is financial statements and a rent roll, that will be the basis for your offer.

I recommend using the BP rental property calculator.While PMI obviously adds to your monthly expenses, no one should simply disregard a deal because they would have to pay PMI. 

Write goals for as many areas of your life as you wish; or just pick one:o Family & Friendso Personal Growth & Developmento Physical Environment (like a home office, for example)o Health / Fitnesso Contribution / Givingo Fun & Recreationo Significant Other / Romanceo Career / Businesso Financeso SpiritualityWork backwards.If you are going to have 100 units in 5 years (disregarding the organic and natural momentum), figure out how many per week or month you will need to accomplish the goal.In this case, 20 per year.If you need 20 per year, that means you’re looking for (approximately) 3 units every 7 weeks.Very aggressive, but totally do-able.Once you work through this process, your notebook will be extremely messy.Write it all down again, taking out all the messiness.Now you have your goals list.

Mark,The first thing I would ask myself is this noise coming from tile floors in the kitchen and bathrooms and if so I would disregard it.