You've answered al my questions pertaining to my last post. 2 more question for now:What do you do about titles?

Looking at a Google sandbox for keywords  and search terms pertaining to your intended audience and locale will tell you if there are enough potential targets.In my estimation, a robust social media platform with facebook marketing & retargeting may make more sense than a website.

All good advice - the only thing I'd add is to be aware of laws pertaining to deposits, which can vary with location.

Also, many abstract companies won't do double closings because they might violate some laws pertaining to collecting transfer taxes etc.

If that's you and you have no construction engineering experience or training in the tax code pertaining to depreciation they'll probably say you're not qualified.

My question only pertains to what the IRS might find acceptable for determining FMV.  

Does anyone know what NYS requires pertaining to lead paint in apartments?

What would also be acceptable, is once the broker attained the specific listing, the bank then wanted a subsequent BPO for portfolio purposes, because the broker would be servicing the clients specific needs pertaining to a specific listing already under listing contract.So, if you were a broker who had the REO contract for a lender, meaning it would be you who was going to list and sell all the properties, you could do BPOs for portfolios.

Nest month, you'll need a license to collect the payments as well, best to use a mortgage servicer.Need to read the IRS Code pertaining to business income, "being in the business of" as opposed to investment income.

If you get a general liability policy it only offers liability as it pertains to the rentals and you may be able to find a policy for around $500 a year.