Cap Rate is essentially the value given to a property reflecting the risk involved in the investment, which is expressed as a percentage usually between 4%-12%.Okay so what does that mean and how does that reflect the property value?

@Season PriceI do not market in dmv as express homebuyers spends more a month than I would spend in a year so while you can still get property - I would rather just pay them the $10k wholesale fee on an asset then do all the work

Once I've got a solid contractor on board, I'm planning to also do some flips, and the same agent will help sell those too.The tone of conversations in this forum doesn't feel very welcoming; it seems like some individuals have been in the business for too long, are tired, and express their frustration towards new investors.

I understand the skepticism and the concerns expressed. 

It's difficult to make our case for the business loan without expressing what our business was and what it would be again. 

Once your new partnership is up and running, you should clearly outline the investment for her (in simple terms) and talk to her in a way that expresses 1) you understand what you're doing and how to be successful at it and 2) you can replicate this success and it makes sense to acquire more properties.

You may be able to get a HYSA through American Express Business Checking if you go the LLC route.

a) This is 100% on the tenant, I would send her a letter expressing your dissatisfaction and warning her that the fan must be turned on during use.b) Either get rid of the window entirely or tile right up to it.

Problem is the people who submitted applications or expressed interest in my rental: 60% gave fraudulent info, the rest do not qualify one way or another. 

You should be able to express your goal in one minute and then expand if questions are asked.