They just don't have the ability to move the needle at the park, nor will they care as much as you do as the owner, so you will be left disappointed with their lack of performance. 

REI is pretty far from rocket science and won't take long to learn how to perform some basic financial analysis.Otherwise, you are going to fall squarely in the camp this guy posted about:https://www.biggerpockets.com/forums/48/topics/785275-the-rise-and-fall-of-the-bro-investorThank you for your kind reply.

_________________________________________________________________________________________________If all you do is this exercise, you will likely see some benefits, as your vision will stick in the back of your mind and you’ll unconsciously work towards it.

I learned a lot about the prices for jobs around the house, etc.I also learned that if your realtor, tenant, contractor or lender is not performing at the level you want them to, do not hesitate on replacing them.Do not believe everything a person says, have them show you rather than to blindly trust what they say.

Any legal licensed agent could perform a LEGITIMATE SERVICE even if they wanted to charge a 15% listing fee.

I was wondering how the process is performed and what are good questions I should be asking.

Hello Matthew I have been appraising in Lexington for over 20 years and I can tell from experience of not only doing alot of appraisals but also having had 100's of appraisals performed on my own properties over the years not only do appraisers vary from state to state, but also from appraiser to appraiser in the same area.

If they end up getting a house to rent and end up liking the city, then they will exercise the option to buy. 

We had another rental property performing very well, but ended up selling after we had to deal with bad tenants and lots of damage.

If you are obtaining bank financing, the bank will more than likely want an environmental study performed, these studies can cost $1000's of dollars depending on what is discovered on the property.Is there a need for this type of property in the community?