Unlike a stock or other instrument there is no market data until a sale occurs.  

Your father will provide the tools to build your toolbox...which will be instrumental for your success in the near future as you begin your own journey in REI.

DeedA written instrument, which has been signed and delivered, by which one individual, the grantor, conveys title to real property to another individual, the grantee; a conveyance of land, tenements, or hereditaments, from one individual to another.Quitclaim DeedAn instrument of conveyance of real property that passes any title, claim, or interest that the grantor has in the premises but does not make any representations as to the validity of such title.Warranty DeedAn instrument that transfers real property from one person to another and in which the grantor promises that title is good and clear of any claims.Special Warranty DeedA written instrument that conveys real property in which the grantor (original owner) only covenants to warrant and defend the title against claims and demands by him or her and all persons claiming by, through, and under him or her.I believe a Quit Clam Deed, Warranty Deed and Special Warranty Deed are all "deeds", the only difference is the nature and extent of warranty the Grantor gives to the Grantee.

I think what Michael is getting at is there are no income tax advantages involved in creating an LLC taxed as a disregarded entity or partnership.Ability to pool capital and asset protection are outside the realm of income tax, and are important too, just not the question he's asking.And, unlike a sole proprietor or S Corp in GA, LLCs are not required to make someone a partner if that someone invests capital into the LLC.I'm not following you here...you're asserting sole proprietors and S Corps in GA are unable to finance themselves with debt instruments?

A house that old likely has at least some asbestos, and things like soil contamination, abandoned septic tanks, unsuitable soil, etc. could all drive costs WAY up.Do you have financing and or an exit strategy for all possible contingencies?

The only special considerations the IRA brings to the table are that A) you avoid disqualified persons and B) any debt instrument be non-recourse with respect to the IRA.Other than that, you are only constrained by what makes sense for partners in a real estate transaction and what banks are willing to do.Your IRA is either a lender or it has equity.  

On a re-fi its more than just paying the previous loan - You need to replace it with something that yields the same amount.With replacement yields being lower than a few years ago, you'll need more money to buy the replacement instrument.

It is usually restricted to releasing or conveying undivided, minor or secondary interest in real estate or for the purposes of clearing title defects or clouds on the title.Quitclaim deeds, though very useful in the elimination of title clouds or imperfections, are often considered by title insurers as "red flags" in the chains of title.Insuring A Grantee In A Quitclaim Deed Reliance on a quitclaim deed for the purpose of insuring its grantee, when the grantee has no other interest of record, may expose the Company to certain additional risks which would not arise if the instrument of conveyance had contained the normal covenants of warranty or constituted a bargain and sale deed.Do not accept a quitclaim deed in the current insured transaction in order to vest title in the proposed owner, unless (1) reliance on quitclaim deeds is customary in your jurisdiction, or (2) you receive approval from our underwriting personnel.

I'm starting a podcast to guide the REI community faster into accepting the tech instruments that are being developed around them.  

You are creating your own financial instrument by leveraging your home with a HELOC.