@Buyan Thyagarajan To succeed here you're going to want to have at least 4 sales comps which have sold more recently, are closer in physical proximity, and/or are in someway considered more comparable than the comps used by this appraiser in his report(s). 

I've seen lots for sale here in Phoenix that are zoned "multifamily" but physically don't have room for multiple units.If everything looks good, consult with an Architect, Draftsperson, or Design-Builder.

Even if you're not going to do any of the physical work yourself and you have a general contractor and subs you feel you can trust, you will eliminate a lot of grief by knowing the price of materials and details of work required; that way, at least you can rest assured you're getting reasonable value for your dollar.

I set up my own LLC, Lawrence at solo-k prepared the trust docs, I opened the custodial checking acct, and i am now in full control of my funds.

During this time, I visted the house physically and decided that I am not going to pursue the house due to various reasons after seeing the house in person.

I'm looking for a good registered agent that has a physical address in Florida.

My girlfriend and I are wanting to start doing travel physical therapy and travel nursing together within the next year.

I worked 12-16 hour days and it was very physically difficult, but there was a premium to be had if I could get working for people who needed help ASAP.

And 2- years primary residence period based on your physical presence (and no documents?)

If that's the case, I'd prefer A class because of the higher quality tenants and newer physical structures (lower maintenance expenses)- 20% IRR can be achieved de facto but if someone underwrites for 20% IRR, I'd be very careful.