So, comps can help with figuring out local cap rates, then you need the income from the property to determine a value.

A cost segregation study was performed on this apartment building in Knoxville, TN with a depreciable cost basis of $17,323,250.

Less bank accounts results in less check books, less debit card numbers, less account numbers that you have to track.best of luck.

Whether you’re just starting out or you’re a seasoned investor, BiggerPockets has a ton of resources to help you along the way.

There’s a lot different tenant types and I’ve spent a lot of time figuring things out.

MAREI's still here, we meet at the Double Tree on the 2nd Tuesday of the month from 6 to 9 and we have a meeting after the meeting.1st Meeting is FREE.We have generally 100 in attendance.Come out and check it out, join our community -Next meeting is February 11th.

A couple of years ago, I worked with an investor who never updated the contact information for the loan and the Bank call the seller (ex-wife), that day she was mad at her ex-husband and told the bank her ex allowed someone to steal their property from them and they got no money, she was kicked out of her house and there were strange people living there.This could all have been avoided if the investor did this process correct.Get educated, also I do not know your attorney but not many attorneys have the knowledge to do this process correctly. 

When you say that you will "screen" prior to showing, does that mean a full application with backrgound and credit checks?

I have to check on codes/laws/regulation, but I know CA is on a high of making thinks convenient to build those at the moment.

Partnering with an experienced local agent will be key—they can guide you through the market and help identify the best opportunities.