They are currently paying $1050 and the current market rent is $2000.

Remember, the value is just what a buyer would be willing to pay for it and technically, there is no way of knowing that for any property, unless it is for sale on the market.

@Samuel Coronado My experience with building lot purchases is they’re usually only worth what you pay for them once.

Don’t skimp on screening or you will pay for it.

Where the property does not currently cash flow, would getting and paying for a personal loan in my name, lead to potential cause to pierce the vail in a potential legal dispute if all the expenses associated with the loan is ran through the LLC?

Let's say the buyer pays off the balance in five years.

An entire blog could be written about the cost of manually driving for dollars… such as paying for gas, depreciation on your vehicle, the cost of your time, etc.In another example, imagine you are virtually driving for dollars in the same target neighborhood and zip code..

My other options appear to be limited and would most likely renovate, sell at ARV , pay cap gains and then reinvest the proceeds into hard money deals or commercial RE… Thanks again guys ….

o Full doc (pay stubs, taxes, personal DTI) or light doc (asset-based, DSCR)?

It depends on the strength of the leases, quality of tenants, and about 17 other factors.Are they paying market rate?