A soils evaluator I know says that "perc tests are 90% people and 10% science" I've found this to be true.John

Ensure you thoroughly evaluate the lease terms and have a strategy to manage potential delays in finding a buyer.Best regards, Stevan

The only way for you to understand the situation and evaluate your options is to ask a lot of questions.  

The problem is that they are not knowledgable enough to understand that the analysis is inaccurate, but start making investment decisions based on the analysis anyway.That is one of the main problems I wanted to solve with DealCheck by providing a tool that takes most of the guess work out of running analysis calculations and evaluating rentals/flips/wholesale deals that will satisfy 80%+ of investors out there.But going further, I think that tools like DealCheck are perfectly viable even for more experienced investors.

Because it causes one to think about the way they invest, the reasoning behind their investments, and the success and failures their investment tactics and strategies have produced.I make a decision to pursue a real estate investment (or really any investment) based on an evaluation of risk vs return.  

Having a rental in the name of an LLC, versus personal name, isn't one of the criteria the IRS uses to evaluate if a property is a rental or not. ...

Quote from @Jay Hinrichs: Quote from @Albert Hepp: I've seen huge growth in listings not offering a commission, but expecting a commission, and instructing the buyer agent to include the buyer agent commission with the offer.This is the first step towards buyers evaluating what an appropriate amount for their buyer agent to earn, which is a very good thing for buyers. here in Portlandia the listing agents are NOT Allowed to offer a commish..

You need to know how to analyze property and then systematically evaluate property on a daily or weekly basis to stay on top of the market. 

Even creating a simple model to evaluate potential deals or predict returns could be a fun way to combine your interests while gaining hands-on experience.The most important thing is to start somewhere.

On the other hand, lots of the sellers are institutional investors or local RE professionals, which inevitably shifts even more risks to newbie buyers.This is a 1-star review for newbie buyers; 3-star review for seasoned buyers who know what to watch out for when evaluating deals; 5-star review for sellers, especially those who want to evade scrutinization from shrewd local brokers and failure-to-disclose-property-defects lawsuits.Well, since I rate Roofstock 5 stars for sellers, why don’t I just list it for sale on Roofstock?