I need to give him 5k for his QC which he is using the funds to establish a new resident..

I would probably establish an LLC with an operating agreement that is new investor-friendly.

Well, I think we have all established that the 50% rule is the benchmark.

Now, I am not a geography major but I do not thinnk there is a Panama Wyoming but nevertheless I am here so it was accepted.I do have a lot to offer this forum as my experience in International Real Estate especially residing in the hottest real estate market in our hemisphere.

The propertyis 4 separate lots, 3 being commercial and 1 large lot to the rear is residential.

I am currently establishing myself as a wholesaler in real estate.

Sounds like a lot to take on for your first rental...

from the price differences and the fact that one of the houses in newly built, while the others are older, means that you are probably looking in an area that has a lot of different style and size houses. this neighborhood was probably built over the course of many years, rather than by one builder.you need to look at sq. ft. and use that as a function in your determining price. come up with a price per sq. ft. for your comps and apply it to your house. different builders would also indicated different materials used to build, establish a discount for houses that are wood frame rather than block.

Jason - Those buttons show up for members who have established accounts prior to our upgrade in January into a Social network.

Thanks Will it means a lot to us my friend!