The GP would be of little help, since this is a question of how the IRS would interpret the results and few GPs are tax professionals.In short, when a property sells, there are multiple lines on the K-1 that can contain the sale amount and the line chosen has a very large impact on where the value goes on the various IRS forms.

The simplest start is to do a search for the Average Price for homes in your chosen area.

After lengthy discussions with the pm, poring over financial statements, rent rolls, etc. here’s what I experienced1.

So, in the past, I've chosen to ignore most of the spam.

Plus communicating in few chosen phrases doesn't truly drill down to the needs and wants of each and every INDIVIDUAL person.

Second, conduct thorough research and connect with investors in your chosen market.

There’s a ton of ways to invest remotely that don’t involve single family homes or even residential real estate at all - or even owning the property - like my chosen path.

We all aim to grow and be successful, one of the many reasons I have chosen to partner with them :).  

Under your chosen investment criteria, I suspect Phoenix may not be the correct market for you even though I expect it to do well as a long term hold. 

Our two cents:We're going to look at @Mike Lambert's posts to see what he says about investing in MexicoWe've chosen not to do that, so far, for several reasons: 1) I know intermediate spanish, but I'm not comfortable with doing real estate transactions in the language yet 2) It is, per Mike, harder to get financing here 3) I am not familiar with how legal property rights work here 4) We don't see the investment yields as being worth the investment risks, shared in 1, 2 and 3However, what we are doing in a bit of real estate arbitrage.