In regards to your question concerning FMV percentages and purchase prices, I have to say first and foremost there’s an exception to every rule and this is a business of exceptions but normally how it works is a trade desk pushes out a tape of assets and you would bid on the quality of the tape.

So I would ask the buyers preferred method of communication.

Purchase my own property to live in and pay approximately £400/month to live in a lesser quality house but at least the monthly mortgage payment for living in my own property are to pay for my own house, rather than £200 going to a family member (however this may also mean less money for me to invest in a rental property portfolio, which I plan to build up over time).Not sure what is the best way forward starting out.

I said that the location of his rental was one where better quality tenants could be found, and that he should screen the tenants better upfront.

I wanted to see if anyone had experience acquiring properties through this method.

But technical studies withstanding, it was the literature and arts classes that really helped me to grow intellectually and that has allowed me to have a better quality of life, if only in my mind....

Anyway, I was very pleased with price and quality.

What method is best used to separate the cost of the house from the land for tax purposes?

I believe most of the books in the library have been somewhat vetted or they wouldn't have purchased them for agents.I also know that there are investor oriented materials as I know many Realtors that have spoken about so and so's method or system and a few Realtors attempt to incorporate investor tactics into thier business.I was hoping some of the established investors here would provide some suggestion, not only as to a book but what to dig for, what interests you or the majority.

Its hard to always be there when they move out so its best just to bring in quality tenants to start with that will be honorable.