So I feel I can honestly present a market value that is fair to the seller, and at that value he may decide to list or ask me to get some offers first.

Regarding your considerations:Taxes - Fairly reasonable, but county-dependent.

That's to protect the investment and ensure one random event doesn't implode the whole deal.Then I look to do lower cost (to me) but high effect (to a tenant) items, paint, flooring, appliances, new gravel on a driveway...A few years into it, even if values in that neighborhood have also grown by then I should have a house above the mean rather than below. 

If they are VERY professional, they will have their processes in writing as verification that it is enforced equally and fairly by their entire staff. 6.

That’s a fair price to create an llc.

This is a very valuable approach and time saving as well.My goals are fairly ambitious, as they should be, to retire from "employee" status within the next 5 years.

I'm a fairly new real estate investor.  

I have also had my fair share of failures.

So if you're fairly new to REI don't worry about it.For financing, I think putting as little down as possible and getting a long-term amortizing loan is a great idea.

Hi everyone, I’m a fairly new member here.