I appealed the appraisers estimation of market rents, citing numerous listings from Craigslist showing that fair market rent was much higher than current rents.

On the flip side, how else would one numerically evaluate properties if not for a formula much like the one devised for calculating cap rates?  

I have walked away, from many potential acquisitions just because the Management Company provided me unique, real time insight that I factored into my numerical analysis.

After putting in numerous bids on reos and talking to other investors the general rule of thumb is 80% of FMV is about as low as you'll get in this market.Most banks are just sitting on properties letting them go to auction every two months until they finally sell.

I understand that my personal credit and/or business credit will be reviewed by potential lenders as part of the underwriting process and that this will result in numerous inquiries in my personal and business credit report.

an attorney can explain title defects to you in much better and accurate detail but sometime peoples will have interest in the property from the numerous chain of past owners you likely have. sometimes those people are overlookes or the title was't recorded accurately or they never filed paperwork with the registry. dependong on the type of title your buying you could be liable for those damages and may have to pay off that interest.

I've reviewed numerous RE contracts previous to this one and never come across this type of title transfer.  

Account Closed,Actually, no - I'm NOT against what you do ...... well, except maybe for the generalizations.Yes - there will always be shysters looking for easy money, and "professional litigants" who think its an honorable way to make a living instead of earning an honest dollar.I don't see that as a justification for not doing what the law allows in terms of guarding your assets.Not everyone who implements asset protection is thief, a cheat or a liar.As I've said numerous times and will always say: nothing is 100%.

I have done this on numerous occasions . have been in the business since 2000.

I've attended numerous boot camps, mentoring classes and so forth, that never came close to what BP provides.