I'd prefer to keep the property titled in only his name for liability reasons.

In other words, I didn't break and laws or violate any IRS rules.For what it's worth, Guidant didn't seem very happy with me going through the determination process -- they would have preferred that I never asked for verification from the IRS (this wasn't a necessary step but I wanted peace of mind).

Its whatever you prefer.

Everyone's capital would earn a smaller preference(interest) that would be paid as cash became available, not regular payments.

If you've found a niche that can generate these returns consistently in volume I think you have to ask yourself if there is a reason why other investors are not pursuing it.Some reasons that would keep me away: impossible to manage effectively, impossible to keep occupied, no consistent rental demand (or tiny rental market).

., getting up to speed on property values, and looking for our niche.

Thanks guys, yes the tenant is getting situated and the fire department will call me tonight . i will look for your info Ed. thanks Joe, I preferred the broken toilets.

Some people like the wide frames so it is a personal preference for appearance.

I'm a nerdy website designer and have carved out a niche in property management website design and came across bigger pockets when researching different online property management back-office software tools such as buildium, propertyware, and appfolio for clients.This looks like a smart crowd of entrepreneurial type people, similar to myself and I am excited to see what I can learn.

If so, why don't you just chat more with the appraiser and ask why he preferred his comps over the one comps you had originally found.If you ask questions, you'll get answers.