I usually will approach saying I was looking at the house for sale down the street or around the corner but was wanting to see if you’re interested in a cash offer.

But I would argue that especially if you follow the BP LEADS  funnel approach, you're going to be looking and vetting a ton of deals before you find a diamond in the rough and engaging a realtor for 100 deals before one is purchased. 

These are VERY different and require a very different approach and skill level.  

For appraisals, you'll need to look at comparable sales.For your own analysis, I'd recommend using the income approach to evaluation. 

I'm not sure if there's a problem with that approach and would like to hear other opinions. 

Currently I am approaching COE for a $180,000 home, and for the few months that my company will own the home I will pay around $2,000 in fees.

He's taking a conservative approach and living in the property for a year or two before renting it out.

If short term and/or at market the best way to value is direct sales comparison of other similar properties that have market rents minus some lease up expenses.If there are long term leases above or below market then you'd use the income approach. 

However, to me it sounds as if your lawyer is taking a very conservative approach to this deal. 

Can anyone give me some advice in the best way I should approach this both financially, legally and timely.