IE - they do not let inexperienced new investors self-manage their own properties. 

It is my understanding that the new owner will have the house at the cost basis of my purchase price, for calculating capital gains taxes or depreciation.For gift tax purposes for you - FMV.For capital gain tax purposes for the recipient - your original basis/purchase price 

Hi Jonathan,Congrats on your first big renovation deal—it’s an exciting challenge!

If you do this, make sure you have clear intentions and written terms each party agrees to.  

You need to rewire yourself to ALWAYS look for the opportunity.

But on that note I do use about 4 different data sources for comp'ing the property's rental price estimate for my clients.

I personally haven't done this but I have helped clients do it in the past.Hit me up if you're interested!

You can build the tool yourself but it will take time. 

Once you're ready, create a goal (e.g., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.

Give them a 30-day notice of termination and follow through on it.3.