Another area affecting the values is the requirements regarding the age of comps.

It's a relative.

At present my target renters are those connected with the university (students), and the low-income people connected with related service and support industries.

Relations were OK so he was willing to do whatever he could to help the sale.

House is in very good condition with only expenses are appliances, replacing the carpet in 2 bedrooms to hardwood floors and transfer taxes (no back taxes even)...As said, as a first time home buyer not sure this is the right approach (to buy without CO and related consequncies) and looking for advise here from the investor community.

My question relates to real estate brokers.

Having worked for years in a profession where you could be sued if one sentence was transcribed incorrectly (medicine), I am amazed every day what people are willing to post on the web in relation to their business.

Most of the profit is made at this point.While we cannot force them to of course, we need to be absolutely clear at the start that this is the purpose of the strategy.We are considering setting up a mortgage broker to sort of 'pre-qualify' the rent buyer at the start so that if all things remain relatively equal they know that they will be able to qualify for a loan at the end of the option period.

I think they can be useful for comparing relative value, if they are established by a common process, like they are here in CO.

I am really unsure of this process and have been reading the posts related to the differences between sole, llc's and s-corps, but i did not see anyone addressing the differences between a brand new corp vs.