In order to have an unbiased professionals opinion is to not allow the appraiser to know the contract price and allow them to conduct their assessment of the property given the homes condition, location, features, and nearby comps.  

They'd like to let me advertise, find, screen, sign binding leases, and conduct move in/out for them while they're away.

His figure to demo the basement floor is $2000 based on his estimation of the cost of ALL work that is conducted in the basement.

Conduct your pre-offer due diligence before putting an offer in writing.  

This is typically conducted by the title company or a lawyer and will give you a clear picture of any encumbrances on the property.Communication with the Homeowner: It's important to have transparent conversations with the homeowner about liens and mortgages.

This proactive approach not only safeguards your privacy, but also fosters a well-organized and professional rental environment, creating a harmonious living experience for all residents.Implementation Tips Guided by a Property Manager:Tenant Selection and Retention:Trust in the knowledge and experience of your property manager to conduct a comprehensive screening process for potential tenants.

What resources, or people, have folks used to a) evaluate opportunity/risk b) conduct due diligence c) operate (turn around) a hotel, and make a value add opportunity into a winner.

The people that conduct those workshops are true experts in the subjects they are teaching and the price of the workshop usually contains 100s of pages of handouts, documents, and step-by-step directions on that topic.

The following advice will get you going in the right direction:Identify Memphis neighbourhoods with high rental demand, potential for property appreciation, and a favourable investment atmosphere by conducting in-depth market analysis.Look into financing alternatives that work for you.

It's important to conduct due research and consult with seasoned real estate agents or investors in your particular market.