@Edward Howell, V if the repair numbers you say are correct that is a respectable deal based on the cash flow and rent to price ratio.

If you can say with confidence that the Zestimate is usually within 10% of reality in your market, or is consistently 20% high (or whatever), then it can be a useful rough screening tool for a quick desktop analysis. 

A long time ago someone wrote a book called "Blink", and it talks about how our first impressions of someone we first meet are usually the correct ones".     

Michael is correct, every state and even city can be a little different, but hiring am attorney may not be necessary.

You are correct, income from note P&I and any other borrower payments are considered ordinary income.

I loved the feature of adding new properties to the Rental Portfolio and seeing them all in one place.  I'm bummed I don't see that feature any longer.  Has it been moved to another location?

There's a property in my radar that seems to be inflated in property tax value comparatively to other surrounding multi-families. This seems to be erroneous. Can you challenge the accessed value and estate tax?

But splitting 50/50 is possible if an agreement is written correctly. 

Many of these older building have electrical running all over the place and not cleanly to the correct meters for each unit. 

@Filipe PereiraHi Filipe,You are correct, most people see REI as an opportunity to quit their full time jobs.I really can't understand why though.