My own family went through, and even met with, like 6 contractors in Iron Mountain before one actually followed through with everything they said. 

Again nothing against the program but I believe there should be an actual INCENTIVE above these other applicants in order to get consideration.I can have a background and employment checked tenant in place in 2 business days start to finish so I need the section 8 process to be easier, faster and more profitable than that.They like to toute the whole "guaranteed" rent collection mantra but we all know that any good landlord with buttoned up processes who is worth is salt is not scared of NOT collecting rent.

I actually do this for my OOS investors

I know LLCs can be used to invest in real estate, but I also read that someone created a leasing company to sublet the individuals personal real estate to the tenants with the actual owner having no liability since their leasing company LLC is the one responsible.This had me wondering how best to use an LLC, and I hope to hear from many of you to better understand how the LLC process works in the real estate world.

You’d be shocked by how little actual screening many PMC’s do!

Thanks, I'm actually transitioning to retail/industrial

Looks like you've got both set around 5-6% That's what I'd put for LTR rentals, but presumably you're getting 40-50% more in rent as an MTR than you are as an LTR, but the actual dollar amount of capX and maintenance aren't going up with an MTR v LTR, so I usually set that at 3%.

They claim they have been washing his work clothes at their parents but obviously that's not actually happening...

I would say the biggest things to look at would be do you want replacement cost (amount needed to replace/fix at todays cost) or actual cash value (depreciated amount depending on age of roof, or item damaged).

In other words, if a deal closes today, it is actually a reflection of pricing 75-90 days prior.2.