Thanks for the explanation.

One person called me back to give me his pricing/explanation of a quote but quoted the assessment from Trulia & Zillow, which I thought was very lazy/unprofessional.

If I lived in Boston and had $400K cash and was very worried the stock market is going to take a dive (which is certainly a possibility) and wasn't aware/willing to look at other markets that would cash flow better, then maybe paying cash for one of these units knowing I would probably make a small return and my investment should at least track along with inflation (and probably better) than it's a much better place to put that money than the bank.If people are currently buying at those prices and using debt service, I've got no explanation.

Also some jurisdictions have good GIS (Geographic Information Systems) which may have varying amounts of data, from none to tons; that said, the GIS is a good verification tool, often to include owner info, as do the tax sites.

None of these are geographically constrained places, any price appreciation above the rate of inflation is just going to encourage new construction.

EX. Plan

Get a Commercial Umbrella Policy - Personal Umbrellas can just deny coverage without warning if you have more than their "limit" of properties (usually 3 or 4).The full list with more explanations is here.So this is where I am starting in regards to searching for a good scalable policy for my LLC-owned rentals.

The first deal you show an investor should be a straight forward easy to see, no explanation needed good deal.

That conversation took about 5 minutes of explanation with the desk sgt, he got it and explained to the lady that I send her some "junk mail" and that she should just ignore it. 

.  :-) for that explanation!