( I was thinking like "really"... my community really needs housing and this is not slum and it is one unit, just below market rates that barely gets past break even....)...

Account Closed thank you for baring it all with this topic, I'm in a similar situation.

b) Are MLS' regional or is there a nation MLS system?

I barely started my service so I don't speak from personal experience.

He is essentially buying barely solvent penny stocks in an over-priced mutual fund - I am not sure you can actually find a stock investment that bad.

I have seen too many flips where the flipper comes in and does the bare minimum, and calling it bare minimum is being generous.  

My business plan has been to acquire a bare minimum of two buy/holds a year.

You have to assess which is better for yourself and if you go the fixed fee route, if you are willing to bare the risk if, for whatever reason, the ruling goes against you (i.e. you still have to pay)

Because eventually you won't and it needs to be cash flowing well at that point.I use a formula called DSCR, and I normally like to see a bare minimum of 1.20 and prefer 1.30.

However, I am brand new, I barely trust my own analysis, never mind trust myself in providing others with accurate information/opinions.