Not only do they have all the most up to date comp data, but they've also been determining property values for a long time (hopefully).

I use Cozy and upload documents like this along with the signed lease.

.,  I'm seeing all the signs saying "get out of Dodge". 

I commend you on your focus and determination at such a young age and encourage you to continue networking and learning via social media as well as here on Bigger Pockets. 

Being honest is a sign of having changed.

Knowing the target market helps evaluate the value and determine the pace of the sales.5) You have pro-forma returns, what historical information are they based from?

Hi Patrick, A few things to think about:You'll need to find a property management company who will manage any deal that you buyYou'll need to meet the net worth and liquidity requirements to qualify for a loan You'll likely need someone with experience to also sign on the loanTypical structure between the LP and GP is a preferred return  and a 50/50 to 70/30 profit splitYou can have up to 35 non-accredited, sophisticated investors with a 506(b) offering, as long as you have a pre-existing relationshipAlso, do you have previous real estate experience?

As long as your properties are cash flow positive, they will improve your DTI ratio (the "I" for "Income" goes up).Debt on a property does not determine who owns the property.Requested example:Purchase price - $100Original loan - $75Down payment - $25Rehab - $20ARV - $160Refinance loan - $120Cash out at refinance - $45 ($120 - $75) (you get your down payment and rehab money back)Repeat

Only you can determine if this is something you are willing to do.

What if I approve their application and they fail to sign the lease?