After some time, you should have actual data that you can use.Since the 50% rule works well, I use it when analyzing property.

It will even tell you if the data is available online for free or not.

Once your verified, you think all is good to go, rent is sent and "Oops, verify data on previous addresses" 2 days added to processing, "Oops, send us your ID again", another day.

It shows not only current listings, but what it calls "historical rent data".

If you want to take Zoho CRM for Real Estate for a Test drive , you can .

Commercial lenders can be found in the UCC.So, these arguments about who a private lender is can be clearly found by the process of elimination and by specific exclusions in laws and regulations.No skin off my nose if folks would rather argue about it, if a situation ever pops up where it matters, you can learn later on, probably the hard way for some.I recall an examination of a bank in Arkansas, the President got into banking by the virtue of having the money to do so, there is no intelligence test required to own a bank.

You might pass this test at 50% LTV, but by the nature of RE, it is not considered "marketable" from a liquidation stand point without slashing the price for an immediate sale.

We use Listsource and their data quality is excellent.

That complex had to pass the "condo questionnaire" test regarding litigation, owner occupancy, etc.

Writing checks for the exact amount is important, writing a check at a grocery store for ten bucks over the receipt is an issue, where the cash goes in your pocket, besides the issue of showing the business purpose of things purchased at a grocery store.I know of one LLC that failed meet the test since the minutes of meetings were never kept or any record of meetings authorizing activities.I would think that any attorney drafting an LLC for a client would run over the these issues with their client.