Since we’re already doing all the tasks that a property Manager would do (operations, rent collection, finding tenants, accounting, etc), My thought was to set up an LLC as a property management company (owned 50/50 by the 2 of us) and charge a monthly PM Fee to the estate as a way to get money out without tripping estate rules. 

This is because the appraisal is designed by and for the use of the bank, and the bank further tasks the appraiser with making "the call".

I did when I started out so I could get the "feel" of it, but painting a Class C unit is a very low dollar value task. 

Reality is it almost never happens as the law firms are very diligent in performing the necessary tasks to notify but as he also said most title companies will not issue title insurance policies for at least 2 years and some for 4 or 5 years. 

I do have money to invest, and understand profit margin will be smaller, the more work and tasks I outsource.  

Your Suggestions MatterWe're all in this together, and your suggestions on how to enhance the relationship between landlords, social services, and tenants can truly shape the future.

You obviously aren't playing with the enhanced (*) rules.

Do one task at a time in each app so you can compare apples to apples.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.

It is a pretty routine task.

Build a Relationship: Building a strong rapport with the real estate agent can increase the chances of them sharing off-market opportunities with you in the future.Remember, working with an experienced agent can significantly enhance your chances of finding suitable off-market multi-family deals.