We are releasing this toolkit well in advance of the effective date to help the mortgage industry come into compliance with the new rules,” said CFPB Director Richard Cordray.The toolkit, which can be found here, provides a step-by-step guide to help consumers understand the nature and costs of real estate settlement services, define what affordable means to them and find their best mortgage.Complete Article from HousingWire

For example, Broad Ripple area shows as solid red, but it's nowhere near a war zone.

Foreclosure is a specifically defined period.  

Define the value of this property relative to your time you need to sell.Is the market going up, flat, going down and by what percent a month.

I just wanted to get some feedback from the broad community of investors as to your thoughts on how I, as a broker, can add value to my relationships with investors.  

I am looking for "lesser" properties, which I define as being fairly assessed (note I said fairly) at $120,000 or below.  

Your point is, being a high W2 earner, and being unable to write off any losses from real estate (as its an IRS defined passive activity),  what is the advantage?

Yes, but it is not so neatly defined.  

I outlined how I did that here - I hope that provides some value to you as you define your search parameters and strategy.The key for me was that as an owner occupier, I was looking at multifamilies that other homeowners weren't interested in, and I bought a property under HomePath's first look program where Fannie Mae only allowed people who intended to LIVE in the property to offer on it for the first 30 days.  

When filing a LLC, yes you can do it yourself, but be sure, with partners, to have a clearly defined Operating Agreement.