Then, there will be about 2-3 people who really stand out; people who you just feel good about.

For experienced investors out there, can you share how much of your returns is attributed to cashflow and how much due to appreciation?

Chris - 5% is a really good response rate, what do you attribute that to?

Can we attribute this to hitting an equilibrium point where we have more of a balance of buyers and sellers as many buyers are priced out of the market?  

When the LLC reports the property gain the LLC partners/members will get a tax basis increase in their LLC interest for their allocable share of the tax gain they report, so any cash distributed attributable to the property sold by the LLC should not result in any additional tax liability to the LLC partners/members when distributed to them. 

What are the best ways to stand out in a crowded market?

Right now competition is so high that we are finding the need to stand out in other ways so we are looking into that.

Consequently, the attributed value of the land was completely wrong, you wouldn't be able to build on it, and now you'd have the rehab one of the homes that was borderline fit for a bulldozer.  

Your expenses sound more directly attributable to the acquisition of the property itself.

Brand it to your company and make it stand out.