The main thing that sets DirectSubs apart from say Thumbtack, Craigslist or Home Advisor etc is that it was specifically created for R/E Investors and the Contractors who typically work with R/E Investors.

Most people think maybe I should purchase E & O insurance.

Most accountants can help you on the accounting side, but an accountant that has some experience real estate investors is worth her weight in gold.

There are a myriad of middle men in the industry and no doubt you will get some PM's from those that lurk on BP for buyers.I wrote an e book on the do's and don'ts of investing in the mid west cash flow markets that I am happy to send your way just send me a pm with your e mail.bottom line is you get what you pay for.. especially in the bigger cities. buy the nicest you can.. the properties that are super cheap with high advertised returns are just that advertisements.when buying through an agent in LA they are making a fee that you pay for on top of the home so as long as you think your getting value..

In general, financial institutions "see" VRBO income from line 3 of your property's Schedule E on your tax return(s), right?

The knowledge and understanding you get from the exercise alone is worth its weight in gold IMO.

You need to find comps, adjust the value of the comps based on differences and then weight the results.

So, I'm curious, are appraisals done strictly on objective figures, or does it entail a subjective portion that will bear weight on the final value?

Are you full timers borrowing against your Schedule E income?

Deals aren't hard to find once you know what you are looking for.I don't know your town, but here is one in Papillion; a 3 bedroom with 1568 square feet for $45K.http://www.realtor.com/realestateandhomes-detail/320-E-4th-St_Papillion_NE_68046_M85989-71726