From an annual standpoint that's almost $4800 per year.With regard to multiple family homes, be careful.

THEN I realized there was much more to it than a seller signing a listing agreememt, and an agent submitting it to the multiple listing agency.

There is a big difference between a homeowner who, for whatever reason, is behind on their mortgage payments, and an investor who overleveraged (knowingly and admittingly) on multiple properties and now wants the easy way ot/bail out.I do not intend to have a back and forth with you here, but I believe you are clearly misunderstanding this situation.

Plus, loans get sold multiple times.

a. offering for sale,b. buying, or offering to buy,c. soliciting prospective purchases,d. managing, or offering to manage,e. leasing, or offering to lease,f. renting, or offering to rent,You may want to consult with real estate attorney for the correct verbiage to keep you legal :)Read more @ https://static1.squarespace.com/static/583f50c959cc68cd8a1385d3/t/595141f7579fb3a2d59f04b2/1498497527655/New+Penalties+for+Engaging+in+Real+Estate+without+a+License.pdf?

Drove up and down every street in my farm area multiple times.

The existence or not of any paperwork is irrelevant.An LLC with multiple members is handled as a partnership, for tax purposes.

Can someone suggest a good way to estimate repair costs, or should I just stick with quotes from multiple contractors?

IYou need to have multiple offers out there, you WILL get at least one accepted.3) You do NOT want to MLS the deal!

Be careful when using IRR in that there are some mathematical peculiarities which can yield multiple answers.