You can't just say you are a business- you have to be open, have inventory, operating ect....with REI it typically means having purchased first rental, flip, done wholesale ect 

My question is in regards to how LLC's are typically structured when there's more than one "owner" of the property. 

I have designed a few public restrooms where I typically use concrete block and stainless steel. 

If you "jack" the rent up (even if you find a tenant willing to pay it), typically the appraiser will not give credit for additional value above and beyond what market rents would determine.

Not always, but typically owner financed properties are over priced.

Per the chart below, we typically have a huge run up every decade.

We consider it at 125% of face value.So we treat $1000 of tax free income the same as $1250 of W2 taxable income.Something else you could consider, that we as lenders do not consider, is that her retirement income is probably more stable than typical W2 income.

Attached is a detailed report of the real estate market nationwide.  

@Matt Katsaris - it depends on the area, but typically you are right, the MLS is not a good source for rental comps at all.

My home was one of the last to actually get a true 2 family C of O our of hundreds of homes in the developmentI was told in the beginning to NOT rent the apartment out because it can be a liability if the tenant finds out that there is no C of O, and then I can get in trouble if they report it.