Jon - I had no trouble understanding this post at all :)If you check, I bet you'll find that these two properties are on the same note (it's called blanket note).  

You bet!

I personally have nothing to hide, so am happy to divulge to my seller exactly what I do, and most certainly advise our intentions both practically and financially.My opening line is usually, "Hi, I'm calling from New Zealand" that's usually enough to get the conversation started - unfair advantage - you bet . . . . but us Kiwi's are a creative bunch!

@J ScottThat's a great idea to keep and/or collect appraisal where possible, I bet there are those that barely even look at their appraisals that close when they come in.Have a good weekend !

I bet you will get replies especially if you mention exactly which city you are looking to invest.

The payroll would be safer, the rental arrangement may have issues, if the rents paid from sales commissions became excessive for the value of the space rented, it would become clear that you were circumventing the law!

Cheaper and faster I bet to replace it.

Your best bet would be to contact a reputable property management company or attorney in Iowa and ask them to be sure.

I bet you have some friends/family that come to you whenever its time for them to buy their home depot/lowes stuff.  

We also partner with local law enforcement to keep our properties and communities safer.