People will invariably provide much more information about their situation to someone in person that they can make judgments about perceived threats  on than a stranger over the phone.

So closer and buyer both are now exerting a much greater of scrutiny in the use of any domestic entity perceived to be a vehicle for avoidance of firpta.With advance planning a domestic LLC owning property and filing taxes but with foreign members is exactly the way to go to take advantage of 1031.

As a fairly stoic Boglehead by nature (passive, low cost indexing), I've had my doubts as to the efficacy of REI for stable, long term financial readiness due to a perceived "impossibly high cost of entry" for the community and my lack of knowledge. 

Whether I get it or not, I learned a lot, and this is the biggest value.Everything happens in my life, even if I'm not successful in something, I always perceive it not as a failure but a lesson, sometimes pretty expensive, but it is the experience I would not get otherwise. 

We'll see how it turns out but I think it puts me in the driver's seat and also raises the perceived value of the property to them because they had to wait several days to find out if they were accepted.

If you perceive a property management company as part of your power team then it's the cost of doing business.

However where you really went off the rails is that silly statement of thinking to punish your perceived enemies by asking them to subsidize class D tenants on Class A property;  that's a terrible idea.

Additionally cap rates are a measure of the markets perceived risk in an asset often.

@Justin Jocewicz rent is based on the perceived value of living in the home/ neighborhood/ school district.

This is how I perceive things in my area, your mileage may vary.Asa