Plan is to use master lease option, and then hold for long term cash flow.1) Being a unique property and hard to find comps, given the appraisal, sale and listing data, how do you determine what your max purchase price to be?

Makes it easy to send documents to clients...As a CRM, we use 'Seize the market'- it organizes all of our leads, syncs to google calendar and even has a dialer feature which is super convenient.

Driving around clients is going to cost gas, plus you're going to detail your car once a week to make sure it's always clean when a client gets in.Some brokerages charge a desk fee - usually $100 but I've seen these range as low as $50, and as high as $600Emotional cost:  HEAVY.Working as a full time agent is pretty tough. 

I used to do triple this amount of rehabs for my REO clients with only a 4-5 person team and the same field contractors.The answer is making the field contractors 100% responsible for everything instead of hiring dozens in your office.  

Sad to say but there are still agents out there who won’t show a house to a client solely based on the commission they are getting.

It's also an opportunity for the agent to get exposure with potential future clients.

It ends up motivating the agent by the prospect of getting more commission, instead of getting the best deal for their client.

Zillow, Trulia, Realtor all spend staggering sums of money to get in between you and your prospective client. 

GoBigPrinting.com and a3marketingletters.net are 2 that I have worked with, and get good feedback from my clients.

For instance, I have a client who uses their HELOC on their personal residence to purchase income property with ROI's higher than the interest rate on their HELOC, which keeps them in the green.