I am working on setting up financing and an LLC so I can start to BRRRR properties. 

Here's a link to a guide we wrote last year on setting your written screening criteria, might be useful:https://www.rentecdirect.com/blog/2015/10/how-to-create-written-screening-criteria/

I told them the black mark was where the door was closing against the door, but they still made me pay $350 to test for mold.Since inspectors represent the buyers, I think they are biased and flex their muscles far too much.

Appreciate your efforts on setting up militarybyowner.com it's a great site that plenty of military personnel use to find places to live.

Hello All, We are working on setting up a new LLC/Partnership for buy-n-hold rental investing that will have two members.

The Hypersupply phase can last anything from 2-4 years before a recession hits.With the onset of this disrupter - the response to the Corona virus -the Fed has pre-empted the actions normally taken during the Recession to try to stimulate the economy but the drivers for this recession are not economically based and so this again skews the normal cycles.The best lens to to try to assess risk is to stay focused on the dynamics of the normal market - prices for multi-family properties are driven by the demand from investors - the competition for the properties is driven by both the desire for the business ( availability of investors) and the cashflow the property can produce in the future - the cashflow is determined by the space market - ie the market for rental space- the rental space market is driven by the employment market largely.

As to Zillow, it's worthless on setting values.

Gotta have the hustle muscle though-lol.

Good for you on setting yourself up to be in a position like this. 

However I wasn’t planning on setting up an LLC until I had a few properties under my belt.