How did you derive a rent of $3k/month?  

LLC really only help liability derived from contract disputes IMO

This is why I have disdain for surveys; they do not produce accurate data.Unemployment Rate UnaffectedImportantly, these job revisions will not impact the unemployment rate, which is derived from a separate household survey…Cool… more surveys.

The derogatory term, derived from "McDonald's," describes the generic, tasteless nature of these homes.

Portfolio = Income derived from financial instruments like dividends (including REITs), interest, royalties, and capital gains.Mostly income w/out loss potential, and favorable tax rates.Cap losses may offset cap gains w up to $3,000 loss.

Ask how it derived an answer if you are dealing with things like taxes.

Its more like 98/2 with an additional 5% saying they do stuff so they can get a piece of someone else's hard work while they have not done anything and live in their mom's basement.All that said there is value well over the cost for those who apply themselves to deriving the value. 

This process isn't that hard, especially on a light/cosmetic rehab:For a light rehab you need to put together a list of repairs and then price each repair:FlooringPaintingLight FixturesPlumbing FixturesLandscapingEtc, etc, etc.Once you put together and price this list, you will have a Total Estimate that will likely be far more accurate than some arbitrary $ per SF value.As you get more project experience, you can look back at your cost history and be able derive your OWN $ Per SF values to quickly estimate costs.

I've become well accustomed with traditional investments such as stocks, bonds, and derivatives.

The squeaky wheel, gets the oil.Stephen and Brett,Everything I have compiled — and will continue to compile — is summarized here and is derived from publicly available filings.