Also, no offense Account Closed but nobody should be taking advice from someone who charges for services who doesn't disclose their full name/identity on these forums. 

Upon seeing this name again, I looked it up online and found that the person it belonged to had a number of articles from our local news station for a number of crimes, to include forgery, identity theft, impersonation, etc. 

Their history of large rental income didn’t add anything to the value because you could buy the identical house across the street and do the same thing. 

If you use a properly set-up entity structure, it can also protect you from charging orders and keep your identity anonymous. 

Is every single one identical in terms of repairs and capex, and they all net exactly $200 a month?  

Sharing the listing will make it easier for everyone to help you.By reading many many posts identical to this though, I can tell you it is almost ALWAYS the dang price.Also, depending on the market, a furnished LTR can often be more difficult to place a tenant in.

I would never deny anyone due to their race, color, national origin, religion, sex (including gender identity and sexual orientation), familial status, disability or (new one for Colorado) source of income.

Although there are many variations, a cap rate is often calculated as the ratio between the net operating income produced by an asset and the original capital cost (the price paid to buy the asset) or alternatively its current market value.When we are talking about CAP rate in this scenario, obviously we are talking about initial acquisition cost.If I have two properties, identical in every way.

I review the subreddit inconsistently as well, but find myself frustrated with the lack of identity due to anonymous accounts. 

Your business is not the same as the person who came before therefore your operating agreement should not be identical either.