But I would argue that especially if you follow the BP LEADS  funnel approach, you're going to be looking and vetting a ton of deals before you find a diamond in the rough and engaging a realtor for 100 deals before one is purchased. 

The purchase price does not directly effect the assessed value unless the assessors office takes it into consideration.  

Is there another option that is more cost effective?  

You haven't yet heard from a local, so thought I would chime in.As a tenant there are free legal advice places he can engage in, but really the message is that he needs to read what he's signing and ask more questions before signing.  

Step two is learn your state landlord tenant regulations and engage a lawyer if you are not comfortable proceeding with a eviction should it become necessary.Welcolme to the world of being a landlord (maybe).

Is this a wood structure, metal structure or masonry structure; as this effects the level of design work needed. 

I don't know the laws about a deposit limits...that's why we hired and pay a property manager :) The pm is a licensed Realtor and actually the broker/ owner of a local company and manages several other properties.I've gotten some new info about the situation and no longer  think he may be trying to keep the deposit from us....it really never was collected (there are emails between pm and tenants to this effect).HOWEVER we were never notified about this.  

To determine the real long term worthiness, consider that you're effectively a tenant to yourself. 

. $50K in cash can go a long way if used effectively!

Hi everyone I'm curious to everyone's opinion of the United States economy/dollar and its relation and effect to the rental market if the federal reserve don't raise rates and eventually collapse the dollar.For those that currently have rental investments, I'm curious to your thoughts and plans for such events, and what do you think will happen to mortgage loans if money is still financed, and renters?