This ruling focused specifically on irrevocable grantor trusts commonly referred to as Intentionally Defective Grantor Trusts (IDGT).

Then I got a reference to a company that has a whole group dedicated to wholesalers.

I can justify any price (and some high fee syndicators are still doing so), if I just play with assumptions, prepay and buy down my interest rate, and hope that sub-5% cap rates will be returning in the next few years.But if you know your market and market cycle, have an idea where interest rates may be going (this is an educated guess for all of us), and then have your assumptions, you can certainly have the conversations you reference with brokers and see what their take is on pricing and if it is worth writing.Finally, I have said this before and will continue to say it, whether we are talking single family homes or 400 unit apartment complexes, off-market purchases do not make something a deal.  

I can refer you to someone who does great cost segs, just send me a DM

What are you specifically referring to?

@Srinath Gopinathan The attorney is referring to the due on sale clause. 

There is a lot of new development moving south and west of Notre Dame.As for the specific neighborhoods - I think you can simply refer to the Trulia crime map as it tends to be pretty accurate.

You might the county assessor first and see if you can get the tax ID, from that see if there is a plat map reference, you may get that with a street address, then you can take the legal description and search the recorder of deeds by the legal.

Here is an intro to depreciation:https://www.biggerpockets.com/forums/51/topics/1121063-expla...Also, cost segregation refers to analyzing what you bought already - the $155k part.

A few years later Nickerson “retired”, Lowery wrote his own book, and included “flipping” properties - what’s now referred to as “wholesaling”.