For a Monte Carlo simulation, I might apply a +/- to that and see to what extent variations in that estimate have ~non-linear effects on the final answer.Agree that one of the biggest impacts is the current value; for two of my properties the mortgage company provides an equity estimate (which I have no idea how accurate it might be since websites like Zillow, etc typically don't handle multi-family properties very well), but here's a sampling of the estimate variations from different sources:$252K (Appraisal for refinance 21 months ago) vs. $269,939.00 (MortgageCo) vs. $294,900/$321,230.00 (Realtor; CMA vs.

When they get caught they get a cease and desist like these guys did even though they had properties under contract:https://www.myfloridalicense.com/sto/unlicensedact...https://www.myfloridalicense.com/sto/unlicensedact...These are PUBLIC RECORDS...and do NOT go away.

Howdy @James ChandlerYou can refinance an investment property (non owner occupied).  

Hey all,I figured out I can't 1031 the flip I did this year... but... I bought/sold it with my LLC and I'm looking to close on another residential property before year end under the same company with the funds. Does a...

Finders fees for a RE sale for non licensed individuals is illegal in most states.

If PITI is less than the fair market rent value - then it is a non-deductible personal property, opening a large can of worms.Finally, if it is to be an LLC property, you will be a part-owner, with various implications for estate planning and family dynamics.I can think of some other issues, too.

Such purchase can be financed, but the loan must be non-recourse according to the IRS rules. 

I would not show a buyer opportunities without a contract or at least an NDA/non-circumvent in place.

Happy to finally be on Bigger Pockets publicly.

If using a lender this is a non issue.