After I visit, I always sit down with them, I fill up my renovation cost form, sometime I bring comps, and I do all my calculation in front of them so they understand the price I'm offering.The only time the seller felt insulted was an old Haitian women that sought I was racist, but that was mostly a cultural problem.

Hello AllI understand that in general there is a 6 month period to close the replacement property.

He's only had the property for a year and to my understanding this is his first/only rental. 

Be sure whoever you go with understands that market.

So I understand that, but just wondering if there are other ways to structure this so that I retain ownership of these properties outside of the retirement account. 

@Frank Lodge  I can understand it taking time to find good deals but just know they are out there and don't give up.  

My questions are:1) Is their a good formula to understand what a fair price is for this property?

It seems that not paying your rent can get things moving pretty quickly, but understand that there is also a robust defense system here in the county.  

 William how hard is it to cash out refinance about one year after I buy the home if it has 25,000 equity in the home  I understand two years after a short sale I should be able to start using conventional financing again it's been about a year and two months since my short sale 

Understand, most brokers are getting only 10-30% of the commission to their firms, which is just the nature of the business these days.