A look at cap rate and gross rent multiplier to see which is the better way to estimate rental property value and measure financial performance...Financial Leverage Financial leverage explained and how it can impact a real estate investor's returns and profitability...How Financial Leverage Impacts Real Estate Investors The impact positive leverage, neutral leverage and negative leverage have on the yield a real estate investor collects as a result of financial leverage...IRR, MIRR and FMRR The formulations for internal rate of return, modified internal rate of return, and financial management rate of return...Scenario Analysis The scenario analysis is explained so you know how to use it to benefit your next investment real estate evaluation...Sensitivity Analysis Changing one variable at a time over a possible range of outcomes in order to evaluate the effect of that change...ReportsThe Comparative Market Analysis How to correctly create a comparative market analysis that you can use to effectively estimate rental property value...The Proforma Income Statement Learn the what, why, and how about the proforma income statement and it's popularity with real estate investors...Why Real Estate Investors Like The APOD Discover why the APOD is used by real estate investors to examine the annual property operating data of potential real estate investment properties... or watch the video.General4 Contingencies Your Offer to Purchase Rental Property Should Include Contingency clauses common to commercial and residential income property that protect investors who submit an offer to purchase investment real estate...Are You Profiting from Your Property's Highest and Best Use?

I recently passed my real estate exam in Pennsylvania, though I have not hung my license with a broker yet.  

The hearing dates sound like this is an active process.Getting title insurance will be a way to work all of this out as the title examiner will have to verify all of the proper steps were taken to get the property out of the bankruptcy and the foreclosure was also done correctly.

As @Brett Synickywisely said, you only learn how to pass the exam in the classes.  

Your title insurance company's title officer will examine your available documents and notify you in their preliminary report what exceptions to title are listed and what they require to eliminate each exception. 

Unfortunately, in my experience, being able to run out a description is becoming a lost art amongst title examiners because of the time it takes to do so and the premium insures put on getting the work out the door rather than doing the job right. 

If you examine the BP forums, some of the most top notch agents are extremely resourceful when answering users posts, not to mention they do it on a consistent basis and ask for nothing in return.

By the way, we prefer to go through the reimbursement route instead of taking a deduction on Schedule E -- based on what I have researched, we would actually get more money, and it's cleaner and hopefully would rouse less suspicion from IRS examiners.4.

Examining  documents like tax returns, rent rolls, T-12's and service contracts, will provide insight on the property and the sellers integrity. 

Seller added the following revision for an AS IS sale:"Buyer hereby represents that he has personally inspected and examined the above referenced premises and all improvements thereon.