The comps from the last 6 months were under different circumstances and very different interest rates, and therefore someone looking to sell for 500k having just reduced from 520k might still/already be overpriced by 5-10% based on reduced buyer demand, empty open houses, no bidding wars, increased DOM, etc.Prices of RE go down in a slow manner as the new closed comps from July and August will influence listings in September and so on going forward.

A flipper can sell for what their cost is and have a sustainable business model (It'd be a bad investing strategy, but they could keep churning money until they got tired of it).

I'm not sure exactly how a lender weighs that into the lending equation, but if this is your first property I would doubt it's much because it is my understanding they like to see established and sustained performance from the property to really start factoring rental income. 

You've probably heard of big Landlords losing property, but only because they were flagrantly violating Fair Housing, running a slum, or otherwise violating the law in an egregious manner.

Your portfolio is large enough to sustain to a Buildium account.

I have heard some people say there need to be more jobs created to continue to sustain the growth?

Therefore it doesn't seem logical to assume they could help in compliance issues in any manner.  

These same people are sustaining and stimulating the market with jobs and wadges from California, Washington, New York, Maryland, etc. 

If you simply disclose, act fairly and ethically and follow the rules, regulations and laws you just won't have a problem.I do wish Jason had not referred to his split commissions as "kick-backs" which can be illegal in RE without a license of disclosure, this splitting of commissions for leads is common practice and is an ethical practice, many make their money soley in that manner as they learn or decide they can't list or sell but they can fish like crazy.

Also credit is older than you think, goes back at least 5000 years and used by all manner of people.