That usually gets results.

The resulting cap rate based on asking price will serve as a barometer on your analysis not as an indicator of whether its a good deal.

Here is the link to the article discussing events that may be some indication that the single family housing REIT's are headed.http://fortune.com/2015/09/25/housing-wall-street-...I am curios what everyones thoughts are on this and how the market may shake up over the next year or two as a result of Wall Street realizing they don't want to be landlords. 

Here the property manager may be glad to pass on the oversight to someone with more experience in the oversight of the project (but this may be beyond your scale or match it).

As a result, many IRA custodians will not accept them as investments.However, some custodians do allow them; they will require that you appoint a special advisor, such as a licensed attorney or CPA, to review the transactions of the LLC to be sure you are not running afoul of any IRS prohibited transactions.  

I personally believe that if you can find a way to show the seller that you are sincerely there to help them find a solution to their need then you will have better results than a script.

Mix and match like that if you have to.Good luck!

Once you have the fee, you can see if the other one will match or beat it!

When you do that, he'll be able to help you construct a plan that will achieve your short-term goals that will result in proceeds and resources that will help you pursue and achieve your long-term goals - it's all one master plan.

Stripped the kitchen down to joists and studs and completely started over. This is the final product. Pretty happy with how it turned out. I did all of the work myself. This is my newest rental property.