Or, even consider a hard money or private lender to help supplement the project. 3) Go to another lender and see how much an appraisal would cost from them.

Anonymity and reduced liability are the usual aims of an LLC arrangement.

I will do my due diligence before making contact as I respect that time is money, I aim to waste neither. 

Can you share what kind of strategy and deals you are looking for, how you normally finance them and what short-term and long-term outcome and goals you aim to achieve?

I have enough capital to begin real estate investing but trying to figure out what is the best option to begin. 1) Traditional method of finding a duplex/triplex/quadplex property with 20-30% down and aim for positive cash flow after all expenses. 2) Payoff my parents remaining mortgage and have them continue making their monthly payments directly to me.

During that time I also became more and more concerned with the lack protection for a landlord and increased risk/exposure as being a landlord in CA.....so I passed on trying to make it work.With all that said, not trying to talk you out of it, but at these price points we're facing here have you thought of doing a primary but supplement/offset the rental portion with something out of state?

If your'e aiming for cashflow go with multifamily, it' more of a headache than SF but produces better cash flow. 

My goal is to begin buying properties to grow my net worth, not necessarily supplement any incomes right awayit’s an Infinite COC ROI, but would you sacrifice having any cashflow for that?

Credit reports and supplements (credit report $40 supplements each $150) Environmental Phase I $4000 Phase II $6000- 40000.

So you need to decide if you want to be a "lifestyle business" (often used in the pejorative sense) or if you want to aim for growth.