.- But I'm fairly new, just another point of view...Many variables- good luck!

@Brian GibbonsThat papersourceonline article forgot to mention something about 3rd party appraisal for the 2nd (LLC owned) scenario which was in the original CFPB regs.I'd prefer being able to use an agent's BPO/CMA since they see the pulse of the market and price in demand, where appraisals are rear view mirror facing.

View properties at your leisuresubmit offers (even if low balling) without regard to someone else's time.post your own properties on the mls and earn seller commision.data mine the mls system historical archives for insightsCreate custom alerts using your own parameters"Short sale", "handyman Special", etc....

Closing was probably not the right term, it was explained as a cost for the attorney to produce the documents for signature.As I'm learning, TMV is something that seems to require an access to a realtors view of the MLS for prior sales.

Thats a big chunk of money each month and I am not sure if the IRS will view it as a disguised sale or the courts for that matter.. hmmm lets hear Bill Gulley wise words of wisdom :)

I have also learned that values of properties are widely subjective and viewed through multiple means of valuation.  

Google Drive is especially nice for this purpose as the tenant will be able to view changes to each document.

Trevor, What do you have against investing a few bucks in making a couple of trips to cash flow friendly cities, viewing neighborhoods, homes, meeting with agents, investors, property managers, other landlords, contractors, etc…and setting up your own team.I assure you Hartman's profiting off whatever "service" he is providing.

At a minimum, it should be a 5 year view, and then the investor will have a better long-term perspective, and the seller will not look like he misled them.I feel that 10% - 20% of your rental portfolio (depending in its quality and management) will be performing sub-par at any point in time.

Put other tools and materials in closets or rooms out of view.