Justin,Our team has tracked some stats on this but it constantly changes.

Be organized, polite but persistent, get a meeting with an examiner and leave with permit in hand.

I agree with your sentiment that the property isn't doing well for me at $450k, but when I use a calculator to examine what the price would need to be to make it cashflow, it doesn't seem fair to ask that price of the seller. 

If it was good inside they would have showed the granite, SS appliances.This is one of the oldest immigrant route and as such I have a feeling the local crime stats can be higher.  

The title company examiners can give you an opinion, but they don't want to be on the hook for that opinion, unless they are going to be making money off a title policy from the sale or purchase of that property.

If the LLC is taxed as an S Corp or C Corp, running payroll for your dad and issuing him a W-2 becomes possible.Best to consult a tax CPA/EA who will examine all facts and circumstances.

The process of completing the required education, PSI examination, and deciding on a sponsoring broker were all easier than I expected.

If you would like to see my questions, let me know.As a reference, here are my stats of what sites brought me leads: 48 from zillow/hotpads/trulia, 24 from zumper, 17 from CL, 2 from turbotenant.

These are some solid stats @John Cohen Thanks for sharing!

Spend a ton of time examining differences and learning what impacts value in your market.