I haven’t used BP to it’s best potential but I plan on it, as I’m getting further involved in real estate investing.

In response to your question about a purchase with an initial cap of ~5% equating to a great long term investment - equity growth potential is certainly part of it, but I’d argue that the propensity for consistently increasing rental rates and the stability of the overall rental market are an even bigger piece of that puzzle.I can’t really give you a definitive opinion on your specific situation without knowing more about the current make-up of your portfolio or your goals for passive income.With that said,  there are absolutely  methods to reposition equity in high growth potential properties to more income-centric opportunities within our market. 

I have found uncomfortable to be much more lucrative Pick a listFSBOTax Delinquent NOD ProbateNOOEtc...Pick a method to find themOnlineDrive for dollarsDoor knocking Listsource Referral PPCEtc...Get in touchDirect mail(100s of different type)Email Cold call Door knocking Etc...Best of luck!

Thus, I'd like to use a professional.)Last fall, I sought bids for snow removal (shoveling/blowing walkways - no plowing) and to those that bothered to respond, I got ridiculous prices back ($150-$225 per trip; it takes an hour total to shovel all the properties, including travel time between).This spring, I am seeking lawn maintenance bids and I am experiencing the same thing; outrageous (in my opinion) prices for the work involved.  

Investors get involved in deals that might look good. 

This will let the lender think that the sellers are still involved, but in the event of an insurance claim, they will receive nothing because they don't have an interest in the property. 2.

I know this because I have one LLC with my wife for one property, and then other properties in another LLC that is just me...so I need to stroke the annual tax prep check for the one LLC that my wife is involved in in addition to the other tax preparations.

Thanks @Jay Hinrichs I wouldn't' consider this a whopper in terms of total profit but in terms of effort involved it certainly was lol.

and that's when I realized I really enjoy anything involving homes and that I wanted to be involved in real estate somehow for the rest of my life.I'm looking forward to meeting other people who are just as passionate! 

The title co.s can tell you what you need to do to get marketable title.....likely involves a waiting time requirement and/or a quiet title action.