The average homeowner is not getting those price increases in the index that are blasted by the media every day..There is no doubt that there has been some improvement in prices, but I just wonder how the average homeowner's house has gone up relative to the indeces..It's been on my mind for a while..

I do pay my self salary on monthly basis as well as have distributions with my partners.So flipping LLC is second company, thought which I am only doing about 5 major rehabs in some wholesaling.

That's essentially correct, from an ongoing basis.

Or, is it a case by case basis.

So far I have only bought property within my SDIRA on a cash basis, so have not needed to work with lenders.

Yiv,Unfortunately I have had my share of inherited tenants, illegal move in of a friend after another tenant moved and tenants having someone "stay" on a temporary basis then acquiring the visitor as a permanent tenant.

The key with a property like this is not so much the assessed value but where the millage rates are going on an annual basis.

I just jump the balance back and forth between the 2 and use the 3rd card for my everyday purchases.

The main reason I hired someone else is b/c I wanted a local mentor who I could meet w/ face to face on a regular basis. 

I am from the states (my wife isn't) and we are living overseas trying to identify investment properties (strong preference for foreclosed single-family homes) around Orlando, FL that we could rent out on a weekly basis.