I don't want to give them all of that personal information without knowing for sure they are legit. 

Over the last few months I’ve been trying my best to learn as much as I can to gain knowledge in the business and help me make good decisions. 

The correct valuation is what the market is willing to pay for it.You didn't provide any information on what cap rate you applied to your calculation or how you derived your NOI, all of which could play significant factors in the discrepancy.

Hi @Peter MatusI don't have all of the information on your specific situation but that does sound high.

Do the math, pay taxes now on a small amount or pay taxes later on a larger amount, it really doesn't matter - this is very true when making the Roth Conversion decision and is pretty close on distributions.The issue is the penalty! 

Appreciate any and all help and information!

There was a very informative discussion here on EIUL recently: http://www.biggerpockets.com/forums/51/topics/68664-eiuls---equity-indexed-universal-life-insurance

This means your decision to not reduce the rent but give a construction rebate is the correct decision IF it is legal (I would go this way and if not legal then the base rent would be based on the rent minus rebate).Now for the storage unit, SB1482 presents a problem.

This, apparently, was an absurd request because all of the sudden the ‘director’ got super aggressive stating that if I don’t sign immediately then I’m not committed to my success and don’t really want it as much as I said I do, that if I don’t sign now, it shows them that I’m not serious, can’t make big decisions by myself, that I’m not the guy they thought I was, and that they’ll have to rescind my acceptance (which they did).

This is especially true when you utilize low money down to purchase multifamily.Caution with Out-of-State Investing: Investing out of state entails complexities and reliance on unfamiliar parties, which may pose challenges compared to local investments where you can easily drive to and learn more quickly about.Realistic Assessment of "Cashflow" Markets: While investing in cheaper, cashflow-focused markets out of state is popular, it's important to recognize that the numbers on paper often differ from reality, and success stories may not represent the norm.Manage Expectations: Be wary of overly optimistic narratives and calculations, and ensure your investment decisions are grounded in realistic expectations and thorough research.