The claims of 1hr to collect rent, produce receipts, and deposit checks also seems like a reasonable claim if done physically and not electronically.

There is a good chance that if you put your primary home into an LLC, you'd most likely lose that exclusion.Is there a particular reason you are considering making this LLC?

The whole reason they are there is to make sure work is done right.  

The letter also states the total non-rent items currently owed by the tenant, such as accumulated late fees or repair charges.Also very important, the tenant states they have no unresolved issues with their current landlord, except as listed in a space provided, and they have no current plans to cancel their lease under the Service Members Civil Relief Act or for any other reason. 

.: Quote from @V.G Jason: Not really a fair question.The reason most people could invest in 2010-2020 was because of that (outlier) environment.

I used to live in Tokyo for 6 years and would like to find a reason to go back more regularly but let me know if you want to connect!

@Damien Davis There may be a reason you dont see a lot of 4-plexes.

Not 2 for the same reasons @Donald Hatter mentioned actually!

The reason to have comparables is if you are representing someone or perhaps purchasing a house for yourself to live in.

Reason being is that these are older properties and rough tenants.