He is part of a reputable team in Dallas and my question to the BP community is:What is reasonable expect from an agent?

Now, since they do not know the interior condition of the house you are able to appeal your county valuation by providing an appraisal telling them the house is worth less per a reputable ad valorem tax appraisal or other methods (county should tell you what they accept).

It could be money, it could be time, it could be some other service—ex: if you are an accountant or a web designer etc Just make sure you are bringing something to the table and not just asking them to essentially work for you for free.

It also helps improve the reputation in the neighborhood and will likely increase overall rental demand and prices in the area.

(Although your reputation may be.)  

There are a lot of things that can go wrong and sometimes dealing with a local lender that comes with a good reputation of making sure you get to close is worth paying a little more for, especially if this is your first or second deal. 

By purchasing TK, am paying someone else to find reputable contractors to completely the rehab, do all the work to make sure that it will have a good inspections, vet and place a tenant in the property all before I have to purchase it.

One other piece to the puzzle is that you need to remember the Qualified Intermediary (QI) will be holding your funds, so you need to make sure they are someone who is reputable and who has a demonstrated history of acting appropriately.Many years ago, there was a QI who acted inappropriately and who ran off with large amounts of client's funds.

You can figure that out by reading through the forums, contacting other investors in your area that rent to college kids, or searching information on the web sites of property managers that rent to students.

I looked up on the Web portal and it saw the bill.