Hello All,I asked for a quote from my Property Manager on how much it was going to cost for them to turn over a property to make ready for a new renter. The quote seemed high so I was going to have some contractors bi...

(Is that true for all these places or are certain areas growing more), but I'd love to learn a bit more about what would be the right areas to focus on given my constraints, to develop a long term performing asset.What I would want to know is growth projections, rent/sqft in these cities, zip codes that are associated with good schools (Gilbert is pretty well known).The base case that I've been building looks like this:$200K for a 3bd 2 bth Single family home, 1600 sqft.Assuming rent/sqft of say 0.9 -> $1440/monthIs it possible to net $200-$300 on that?

An attorney can perform a  "quit deed" or "warranty deed" for you, which will transfer the asset from your LLC to your name, or vice versa.   

Even ask to see a comparison of projected performance versus actual results of some deals.  

That's a clear sign you should sell it and take your equity somewhere else.Even properties that are performing well will see a smaller return over time.

Property 1: 4plex (the best performing property we have).  

How did they perform? 

Over the last 35 years the portfolio of lower leveraged real estate performed substantially than either the high leveraged real estate or the cash only equities. 

I think the logic is: if it's a performing note, why go through the process of calling it due and disrupt a good thing?

My practice is mostly in the area of RE (State Board of Legal Specialization is the only authority that can permit a lawyer to say they "specialize" in an area of law, which requires fees, exams, and a "pretty pretty please".)Attorney fees are based on several factors that have been thoroughly litigated:(1) the time and labor required, the novelty and difficulty of the questions involved, and the skill required to perform the legal service properly; (2) the likelihood that the acceptance of the particular employment will preclude other employment by the lawyer; (3) the fee customarily charged in the locality for similar legal services; (4) the amount involved and the results obtained; (5) the time limitations imposed by the client or by the circumstances; (6) the nature and length of the professional relationship with the client; (7) the experience, reputation, and ability of the lawyer or lawyers performing the services; and (8) whether the fee is fixed or contingent on results obtained or uncertainty of collection before the legal services have been rendered.Like other professionals that are free to set a market rate, we gauge the highest wage that the market will bear.