If your realtor can spot the differences in finishes and truly assess the value or necessity of adding in HVAC vs window units or hardwood vs laminate or finished basement vs not then you have a keeper.

It assesses on the city site at $123,200.The reason I bid so high is because I have been outbid before, and the market in my area is very volatile.

You need a year's worth of gas bills to assess this cost. 

As I said, just curious.Anyway, 1st Bank in Phoenix is doing 70% LTV on a cash out refi with a 15 year fixed, 1.5% origination, at 3.375%Great question, and my assessment is based on my strategy.

@Heather Schmidtknecht you really want to find the source and do not take the realtors comment as an accurate assessment.

Look at what cap rates were when times were good and when times were bad and also assess where that particular area was when those conditions applied in comparison to where it is now. 

I honestly don’t see a “wrong” here but I’d love to get the community viewpoint to truly assess both options (or others) and then just get into it ASAP.

I bet 40% of our new tenants have been this type of referral, the rest from just networking.Our best was when a tenant vacated because we had to significantly increase the rent when our tax assessment more than doubled killing our cash flow.

PS: House hacking & marriage are not compatible; I am 40 & based on my experience you are likely to catch a lot of grief. 

It would help tremendously if someone could validate what I am being told or straighten me out with a more accurate assessment of this particular situation.With that being said, question #1 is should I just forget trying to bring the properties into the LLC?