I'm finding when I look at a given property, I get inaccurate comps in two ways: 1st, a property will show up in the list as a comp to my subject property but have a REALLY low sale value; upon investigation I find that the property acutally hasn't sold in 10+ years but PropStream thought it was comp; 2nd, a property will show up as "Sold" in the MLS status, but all ownership and transaction history tab don't reflect the new data.

One flip I did, I priced with the comps but they were about 4 months old and the market had already went down so the home ended up sitting for a lot longer than I would have liked.

Someone will eventually come across an opportunity that works for you.Example: I'm a real estate investor looking for a fixer-upper, single-family home or up to four units.

Renewing and raising rents up to market rate in the area.

Our investor put up cash.

Here is what I've found up until now -1.

Do they just build up enough equity to refinance into a conventional loan in 1 yr? 

Very humble, hardworking, blue-collar family and they happen to grow up in a part of California that is highly desirable now.

You typically don't want to do any renovations before the 2 years is up...just basic safety and securing the property.#4. 

This means that to benefit from the separation between my personal assets and the company’s assets, I need to establish the LLC in New York State.However, I’ve found that the start-up costs and procedures for opening an LLC in New York State are significantly higher and more complex compared to other states (such as the requirement to advertise in several newspapers for an extended period).