I'm interested in acquiring solid properties at good prices so I'm expecting to look at properties to buy that are in many different stages of ownership.  

Especially if they have no evidence of any issues!

I am in the infant stages of putting together my business plan and want to make sure I have a solid plan of action in place on how to manage out of state deals.

(My idea for the partnership would depend on two scenarios - we have not sat down yet and came to a solid conclusion at this juncture, however option one would be he stays in the long haul - I help finance the deal, take care of that side, put in my sweat equity/management where I can, then take care of lease out, property mgmt - we'd split equity 50/50 - second option would be for his exit at a pre-determined point in time.... cash out refi - and he gets 50% of the equity - walks away or keeps a percentage of equity leave some cash in the deal etc)Am I out on cloud 9 as far as getting build cost down to $50/sq ft or so?  

Folks if someone was to start a local solid turnkey business (5/month ) there is a good demand out there for this product.

Our area is booming and we have most success in finding solid Buy Hold investments. 

Building a strong foundation of knowledge from books, blogs, forums, and podcasts will help you decide and create a solid plan.

You might want to get some solid leads on who is willing to do the refinance portion of the BRRRR.

Asphalt needs patching, sealing depending on the condition.Account Closedgave you everything else - his analysis is solid.

If you find substantial evidence to the contrary you could try to present it to the bank but I have rarely ever seen an appraiser make adjustments.