My understanding is that although it can work, these types of legal agreements have big downsides compared to sub to.

My rule of thumb when walking with contractors is if they talk more about themselves and past projects compared to what they will do on this project thats a hard no. 

Comparable property sales do not affect the depreciation basis, which is determined by actual purchase and improvement costs.

Consider a market that you visit often, have family in, went to college at, spent time in the past.You will have a better sense of what the good / bad parts of town are compared to a city you never visited.Best of Luck!

It could provide more cash flow but your leverage would still be less due to the total value of that property compared to the 4plex3) Is there an easy way to understand what price range I should stick to in my area, and should I focus on the best market or focus on the best price for properties? 

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Double-check the ARV by comparing recent comps in the area to make sure the numbers add up.Run your numbers again with all costs (purchase, rehab, holding, and resale) to confirm the margins are solid.

Hello All,I am looking to buy Rental property SFH (new build homes) , in range of 550k-660k 2200-2660 sft.I scotted Roseville, RanchoCordova and Elkgrove.Rancho-> Has many new builts and cheaper compared to other areas, at same time many rentals available . 

With three of these houses, he will make $2100 a month, which is comparable to the $2300 he is currently getting. 4.

It could be helpful to compare strategies.