It's important that you know and track it as an indicator of your investment(s) quality and value to you personally, but doesn't translate to another investor.What does is the Market Cap Rate.

I noticed this post is four years old but there are many Milwaukee professionals here.

Hello All, I've been a full-time IT professional for 17+ years.

We've installed and finished our own hardwood flooring but decided having that professionally installed and finished is money well spent.

In all my circle of professionals none of them claim to have seen it or even to know a colleague who's seen it.

@Florence Oxenham, In light of a recent California Supreme Court ruling admitting an ILLEGAL immigrant to the California bar to practice law, I suspect the same will have to be true for all other state licensed professionals and immigration status should no longer be a factor... http://www.nytimes.com/2014/01/03/us/immigrant-in-us-illegally-may-practice-law-california-court-rules.html?

For example, maybe the property is pretty rural so it has a high protection class, or maybe it has a woodstove that wasn't professionally installed - but I did it, and I'm sure I know what I'm doing.

I would talk to a professional but good umbrella/liability insurance should substantially reduce your risk if you purchase without an llc.

Partially, to make the point that there are always those deals that do NOT fall in the realm of 'typical'.I recently rehabbed a house that I bought from a Professional Flipper who I have supplied cabinets and counter tops to (my day job) for many years.

I would always submit in a professional matter and I would also be apologetic once they start going nuts heheAll you have to do is be patient and wait until you snag the bargain.