The "15" is the Price-to-earnings ratio, or "P/E".But that doesn't mean the stock price doesn't move. 

S&P 500 beats RE by double.S&P 500 = $900,000Real Estate = $460,000However, these units are good for someone who wants to dip into real estate while using their unit any time they want with the aforementioned owner perks but without the hassle that ownership brings like maintenance, roof, bad tenants, furnishings, bill payments like SDG&E, internet etc.

You will report your rental income and expenses on Schedule E.

You'd continue to report your rental income and expenses on Schedule E and have the added expense of renewing the LLC each year. 

The thought behind this was a note would have less volatility than the market, while juicing returns compared to a core rental.

Otherwise you are just getting a juiced return and sitting on too much loan leverage.

@Stacy E.

I know a lot of people think the term "modular" is interchangeable with manufactured or mobile, but not here in the N/E.

The Armchair Economist: Economics and Everyday Life, Steven E.

Duplex - 100% immediate passive income, Tax benefit (schedule E) more deductions to get more back or owe zero at end of year.