Probably 90% of sub to / seller financed transactions involve purchase price ABOVE what an investor would pay having to obtain new institutional financing or paying cash.  

It's definitely more intimating and involved than a rental could be, but you may be able to make a lump sum of cash in 6 months or so that you could use towards other investments!

When you're on a temporary visa, especially without a clear path to permanent residency, the risk involved can be substantial—both financially and legally.

If your quote is that high it better involve a bigger SOW or other exterior repairs as well.

Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

Matthew, if you’re considering investing in syndications, just be sure you really understand the risk involved. 

To answer your question, You would need to get an attorney involved and just issue a mortgage and note along with having a will that your daughter would inherit this.

With the cash flow number and the potential equity gain every year you can calculate your estimated return on equity - my hunch is that with $500k in equity it will not be great return.Another thing to keep in mind is that if you have lived in the current house for at least 2 of the last 5 years and it has appreciated a lot while you have owned it then you can sell with little to no capital gains (there is a limit that you may be pushing with that much equity).For those reasons I would probably consider options that involve selling.

With short term rentals, you tend to take a larger cut as there are many things involved in the day to day upkeep, think 12-25%.

Talk to local property managers, investment agents, and others involved in in the real estate in the area.