@Steven Hamilton IIThis irks me too when a realtor doesn't know squat about investing or taxes & then gives out information that is not only wrong, but will cost the seller a chunk of money.I guess the lesson learned is to consult with your tax professional first before making any major financial decisions to get the proper information to make your decision.

I perceive your side to be that appraisers have a better knack of picking the right comps to use and then have the better ability to properly adjust those comps to the subject property.

These areas will often have lower cash flows due to the lower cap rates but with proper timing, can have large growth potential.

It's not like you can return the house or do a proper inspection to avoid these pitfalls.

I'll definitely give those areas some proper attention.

If for some reason, one of the lien holders "prevails" in the quiet title suit (ie. they were not properly notified) they are only liable to refund the original buyer's price.

Therefore I will be using HML or equity partners, and time being sensitive in these deals, I don't think I have the opportunity to properly screen new equity partners.So, I'm about to move forward, but before I go calling every HML on the west coast, does anyone have any experience in pre-negotiating funding without disclosing actual property details to make sure a lender is the right fit?

Proper valuation will be extremely important for multiple reasons.

Not that a proper tag was difficult to begin with...

They were disposed of properly by my contractor.