LI properties also tend to be more palatable to lenders when it comes to financing since they usually encompass business types a lender can understand.

The plan is to have one all-encompassing LLC that acts as an umbrella for each LLC holding a property/basket of properties within it.  

Many people use them and therefore homes get a number of postcards and them calling you depends on the day they finally feel like selling and whether your postcard showed up that day or not.These lists may not be up to date either (as much as they promise) or they may be non-encompassing many of the criteria you're looking for.

It encompasses many variables and can be used for fixed FHA and conventional loans.

Rent is not just for room and board, it encompasses many other things as well.

Being a real estate agent encompasses running your own business and real estate investing involves economics which you should be learning in your business program.

The property has substantial overgrowth limiting access to fully encompass the scope related to the roof.  

Utilities setup - who is responsible for whatFuture capital expenses (ie removing carpet, redoing a porch, etc)Taxes- if the property is rehabbed is the new tax rate encompassed in your numbers?

Additional work orders should be in writing and encompass the extent and the cost of the additional work.

But it also gives leeway to the honest people to do what is needed to do the job right without throwing out the baby with the bath water.BTW, you do know that the "Chinese Drywall" problem encompasses several brands, and that the amount of sulfuric acid off-gassing varies not only by brand, but vintage.