There are at minimum three approaches to determining value for any given piece of real estate: sales comparison, income, and cost.

Being in the business, three things I'd look for are:1) What is their response rate like (Do they return emails and calls within a couple hours or sooner)? 

We will be closing next month on a three family in Hartford, CT and was wondering if anyone has any recommendations for attorneys to create an LLC and an accountant specialized in rentals/LLCs.

If you're serious about the property it's worth $50 or so to have a title company run a "search & hold" report to make sure.I looked on NOLO and there are three different possible post-sale redemption periods in SD.

The broker of record you partnered with - I assume to avoid waiting the three year min as a working salesperson to open your own - how did you find him or her?  

Besides managing our rentals, I care for our three young kids.

We actually drove 500 miles to look at it about three months ago.

It could cashflow if I added a bedroom in the basement.I'm a fairly conservative investor: a minimum of 20% COC, 2% rule, with a good buy and/or multiple exit strategies.I actually discovered BiggerPockets because I ran into issues purchasing my first two condos - I could not get the bank to finance the second condo because there was too many rentals within he complex. 1) Condo (1/1) - purchased w/ 5% down as an owner occupied property (one of my best properties)2) Condo (2/2) - got denied so I got creative and used the checks that credit cards sent you (25k) from three different cards, begged friends, and had about 15k in my bank.

He operates three or four of these now under his nursing license.

If they miss another I direct them back to their lease verbiage, if they become habitual I become more stern (never had to get to this point I screen very well and make the lease very clear at time of move in) if I have to post the three day notice I add fees from day one at the same time communicating to find out what has occurred or changed financially to bring this on.