Yup, the MLS is the best tool (in my opinion) for doing a comp analysis...

And, what tools and methods should be used to do this?

One the bank did not visit the property and just used desk side appraisal tools.

By far the best REI tool on the web.I am from the Seattle area (work downtown, live in Lake Stevens) and am always looking to network.

Don't overlook the learn section on the tool bar some very good information in the archieves and the blogs are an excellent source of information.

http://www.atgf.com/tools-publications/pubs/deeds-lieu-foreclosure-advantages-disadvantages-and-draftingLand contracts or contracts for deeds are pretty well dead.

This link will give you many tools and guides.http://www.biggerpockets.com/rei/Best of luck,Brian

I have been and will continue using BP as a learning tool.

It's phone calls or e-mails with mine.You are missing out on a great tool to stop any he said she said problems, I only use email or texts to record everything from the minute they apply to rent my place.

Hi Everyone, My name is Ali and I'm interested in using real estate as my primary investment tool for retirement.