@Gary GuidiThank you for the reply.I know mentors can cut a lot of redundancy and mistakes that all the newbies make, but now in dates with the mentorship saturate market (everyone wants to be a mentor) how can you decipher from good and bad mentors.

I am not smart enough to decipher their fine print or follow their ads.  

Laura, deciphering who "really" is a private lender and who is not is tricky. 

See if there is a recent Reserve Study that can help you decipher the numbers.Other than that, decide if you will continue to utilize the Rental Agreement format currently in place, or if you need to come up with something different.

@Peter Walther while I’m not equipped with the expertise to decipher all of that legal jargon, what I assume it’s saying is that someone who is not licensed to sell real estate cannot “sell” this property for a fee. 

One thing to look for is the property type (most counties have some type of use code they refer to)... you could even call the county and ask if there are any line items in the list you could use to decipher this.You could also look at the address, like you said - though this isn't always perfectly reliable (because some vacant lots do have registered street addresses, and you don't necessarily want to remove those).

Who knew being a homeowner would require us to decipher contractor hieroglyphics?

:)My suggestion is that you put a request in on UpWork and find a programmer to decipher the data and create a "script" to where all they have to do in future updates is to throw the .DAT files into the script and it does it's magic. 

I would recommend analyzing several deals a day to decipher if the property meets your criteria or not.

That being said I am still trying to decipher if forming LLCs is still a good idea while also having another set of asset protection.