We are actually having the same debate with my husband.

I always debate between buying new appliance or used appliance.

And I'm convinced that he lost the second deal because the guy was very enthusiastic to do LO after I explained it to him and made him the first offer (based on Brian's instructions.. i wasn't crazy about tying the purchase price to a new appraisal when TB is ready to purchase, nor were 5 other investors I checked with, but I realize that's debatable).

We could engage (and my usual sparring partner @Eamonn McElroy probably will) into a highly technical debate as to whether the practical method is breaking the IRS reporting rules - which is why I called it practical while calling the other one clean.

I'm thinking this debate is about yearly leases for apartments and SFH's, but I thought I'd clarify.

Thanks for reading thus far and more to come soon on this highly debatable topic. 

Also, this could potentially solve your private or hard money debate. 

@Sarah BuchananI do not want to start a cash flow versus appreciation debate (there are already enough of those) so I will not refer to appreciation but value add.I purchase RE in hopes to have a near term >100% ROI due to value add. 

Most likely in Indianapolis, Indiana.I am currently debating on whether or not I should start with a BRRRR property or Turnkey property.However, It seems like people aren’t fond of turnkey companies.Can anybody tell me why?

I was debating if investing as an LP will have its advantages with the all the current tax changes.