If you are concerned about what may be wrong then you should put a clause in that says it is subject to inspection.

The subject property is not on the market.

And the only way to figure it out is to get data, data, data.Perhaps we can all agree that having a simple to use rule of thumb like the "50% Rule" is great to do a first-pass approximately of a deal, but that nothing replacing a full due diligence and financial analysis before actually purchasing.As for Bryan's other point about analyzing discounted cash flow (what some people refer to as net present value or NPV analysis), this is something that is tremendously important if you're going to be investing on a larger scale, and it's sad that more investors (in my experience) don't have any clue about NPV and its implications.I think I'll write a BP blog post on the subject, but suffice it to say, anyone reading this thread that doesn't understand NPV should do some research on the subject...

If you are going to own the property in your name and have the LLC do the management (collect rent, pay bills, maintenance), then that will be considered ordinary trade or business income and subject to SE tax.You would want an S-corp to do that.

(false evidence appearing real) that comes with the first deal, but I can't seem to bring myself to buy in on three Comparative Market Analysis that have been performed for the subject property.

When you go to buy the contract will need to read:Buyer: You....and or NomineePurchase price: $100,000initial deposit: $1500Additional deposit: $5000First Mortgage: $75,000Balance: $18,500All the "subject too's" for 30 days.

They want to avoid having a process that is subject to abuse (playing favorites).3.

You could use this formula to determine what price you should use to counteroffer (if necessary):BPO = CMV - BHS Fees - Profit BPO = Best Possible OfferBHS Fees: Buy/Hold/Sell Fees Profit = How much you want to make...To determine CMV, seek out comparable sales data from the previous 6 months for similar properties within a 1/2 to 1 mile radius of the subject property.Regards,Scott Miller

my question to all on the boards is anyone willing to post an example contract with all the "subject to's"?

(including the subject).For example, as I was informed by the lenders account executive (but still verfiying with underwriting management)1.