Not sure if anyone is aware of this, but Marco's partner and CFO, Ronald Fossum, was charged with fraud by the SEC fairly recently and barred from participating in any type of similar activity.

I have a little hard time estimating a fair market value given these conditions as I don't know how much to discount the value of the house with these issues presented.

@Spencer ManningYour other questions were answered except for last one.S8 vouchers are for a specific number of bedrooms and rent amounts.So, a S8 tenant must find a property with rent that does not exceed their voucher amount.This stops S8 tenants from renting Class A properties and most Class B.Currently, Fair Housing does NOT protect source of income, so unless a state or local government has passed a law stating otherwise, landlords do NOT have to accept S8 vouchers.

The high fire danger probably means California Fair Plan.  

You could go either route but don't mix the two in concept as one is a mule and the other is a horse.And, the requirement that properties be listed for sale by a bank is a bank regulatory issue having nothing to do with the NAR, it ensures that the property is held for sale in a public market at its assumed fair market value.

Hello,I'm looking for guidance on how to determine fair rents for a commercial property with two tenants.

Shopping insurance helped a bunch, I was able to cut out ~$500 on that alone. 

I'm passionate about real estate investing; however, fairly new to it. 

You are required to disclose that debt, and it will be a fairly easy catch for an underwriter, even if it's not on your credit report. 

You are calling with an opportunity for them to sell their house for a fair price.