So don't look at what the market is today look at what the saturation levels and pricing will most likely be when you come to market with a finished product.Don't be too rosy in your projections.This is what killed many developers who used high leverage and bought in 2007.They overpaid for the old building or land,used too high an ltv (90%),and had high rents expected on the cash flow which skewed the projects anticipated returns.When things finally came to market debt service was high and rent income was low and many developers with non-recourse walked.Today everyone wants to nail you to the wall to lend any money so you have to be ultra conservative in your numbers.

How can you or your professional network help me with entity structuring, retirement/estate planning, business analysis, etc.?

I need to finally pull the trigger on this.My pertinent info:-I own 3 rental SFR properties, all free and clear :D worth approximately $450k-I live in a 4th property which is mortgaged-I live in California :/-I also have a regular jobPrimary goal: asset protectionSecondary goal: increase tax advantages above and beyond my current sole proprietor statusAs a side note, I would also like to hear your thoughts on LLC'ing in wyoming/nevada/wherever else you can think of and how that model would or would not work in California as a foreign corp seeing as how "strict", for the lack of a better word, it is here in California.My entity/entities of choice would protect me from inside liability as well as outside liability.

Hi, I've been enjoying this site for months now and finally signed up.

If you assign the contract, your buyer takes on this risk.I would never accept a deal where there is no requirement for clear title, unless I had already done a title search myself and ensured that any liens were factored into my analysis.

I tend to fall victim of the Analysis Paralysis syndrome and was afraid I might let a good deal fall through because I was spending too much time looking at the numbers ("overthinking it" as my brother puts it).

If they are not available, adjustments above 10% should be supported by "paired sales analysis".

Interesting analysis.

I did a rent analysis on a property I had a tax lien on a little over a year ago and just rented the property out last week for 15% over what I figured market rent was last year.

Those are items you have to include in your analysis of a property."