@Ron ReadYou could form multiple LLC's and have the highest level of asset segregation, or form, say, a SC LLC and then register that LLC as a foreign entity do to business in other states. 

It is easy for me to create a goal in my mind and then never share it with anyone so that I never have to answer for it.In the recent podcast however, Ryan talked about how when he hears a someone say a specific number with regards to their goals (such as selling a certain number of books) he gets suspicious that the goal is for ego or some sort of comparison against someone else and in his opinion that is dangerous.Brandon then shared about a study that he had recently read that indicated that when people share their goals the chance of achieving that goal is actually less than if they keep that goal a secret stating that it's like their brain already won so they don't work as hard.I would like to find out from other BiggerPockets members what their experience about goal setting has been.  

. - Let's say a commercial lender can go to 80% LTV on a property/scenario, and per the income approach it's a $725k property.

Sounds like you got your answer, but I still want to chime in.I'd say a critical part of this question, for anyone asking it, is to know what 'bang for your buck' means for you (the person asking it). 

This is great.You acquired the property and got it rehabbed, you gained a lifetime experience with the financing part and now you have the history with the bank for future transactions… if you don’t call this success, am not sure what qualifies as success…I say a big congratulation for the great work!

Say a property has a PITI of $1,200.

I heard Depreciation is a bigger factor for higher end property just how big is factor would it be for say a 350-400 thousand dollar home? 

Converting a garage would probably be quite a lot of CapEx initially I guess. would you say a ball park estimate of about $15 to 20k is a fair assessment?

You desire, say, a 6k Assignment Fee.

I'd say a lot (maybe even most) of SMF landlords cover garbage and landscaping as well.I think those were the big things that I saw, otherwise seems like a pretty great opportunity!