The biggest issue is that forgetting to assign a location or choosing the wrong one can mess up your balance sheet, leading to inaccuracies.

If you choose to go this route have a very competent attorney on your side and listen to his advice.

Choose that one and use it.

I work almost exclusively with investors and a lot of times, out-of-state investors.

Furthermore, choose your deal provider carefully.

I own the property have no agreement with them, signed no paperwork  and I have the option of running a bulldozer though it if I choose  I have a deed proving ownership.  

If it does, but more money down, or forego appreciation and choose a stagnent market that cashflows.

The equity market is a fine comparison, but the reality is if you think every 5 years you're net return will be 90%(not sure if this is pre or post tax) then you can choose that route but you have to mark it to that return annually which is a reach.

They say sellers "choose" a buyer agent amount under the threat of that agents might refuse to show a house if they (agents, not consumers) think the pay isn't enough.

As you already know how much money it makes, you can choose how much Loan-To-Value you want to pull to get the monthly payment that gets paid by the business and you pocket the rest.