I just think there are too many moving parts that should be defined first. 

I am absorbing information and trying to get as connected as possible, I’ll definately keep everyone posted.

Have you defined your tenant criteria?

On a side note: renting to a relative for less than fair market value (FMV) is defined by the IRS as personal use of the property and not renting at all.

DON'T make the appointment till your offer gets accepted though.Probably should of said this higher up, but oh well... define your relationship with your realtor prior to going into the offer.

Therefore, not only is it possible two opinions could be different, it is likely two opinions will be different, especially when defined as a single price, rather than as a range of value.I hope that helps!

Hi Chris,I do retail nationally and have a very deep network state by state for properties.You need to define more what you are after.Example for metrics to consider:1.

And if you are trying to maximize spending time on value add; then it makes sense to maximize or focus on that "20%".Also, before answering that question, you probably have to define your goals...E.g. for a buy and hold investor who wants to build a 500 unit portfolio the time spent in certain areas may differ than a person who has a short term goal of flipping 12 properties this year.I can speak on behalf of a buy and hold investor; my greatest value is spent finding high quality properties that fit my criteria at the right price. 

Many states define brokering as selling property for another.

They are defined as 2 separate things.