It might be a good idea to speak with your realtor about the comps in your area to make sure the money you put into your current house will be covered if you need to sell soon for whatever reason.

And if it sounds too good to be true, its usually not true.

You have to know, with pretty high certainty, the following:1.Reasonable ARV.2.Reasonable rehab costs3.Projected holding costsWithout that info, no formula matters.

Here's another https://clintcoons.wordpress.com/2011/11/03/how-to...Here's yet another http://info.legalzoom.com/sign-behalf-llc-23236.ht...The whole reason to have an llc, which is not absolute protection as numerous discussions on here indicates, is to create a separate entity than yourself.

Since this generalization paints every property with a broad brush is it virtually impossible to get a true pic and valuation.  

If I do that enough times, eventually someone will sell at a reasonable price, right?  

In theory, especially legal theory, bla bla bla verbal this, binding contract verbal that, whatever who cares.In actual practice:There Is No Such Thing As A "Verbal Acceptance" or "Verbal Contract" In Real EstateFor that reason, I'm going to have to side with not one, but BOTH agents on this one.

If so, then posting lease option deals on the MLS is not a good idea, for the following three reasons:1.

I am glad someone in this city seems interested in ethical investment, but I can think of a few reasons why they might accept a offer that low:1.

I generally find the opposite to be true with overseas buyers.