I will use that technique.

My question is, how many of you that are using these creative finance techniques have actually put some proper stress-testing on your portfolio?

@Steve Sprowls The GP(s) in a deal should be providing you with  the distributions schedule.

In other investment realms such as corporate finance or stocks, people often use a probabilistic approach where each variable has a range of outcomes that vary along some distribution (i.e. normal/bell curve, triangular, etc).

My plan was to buy this single screen theater, fix it up, and begin my theatrical movie distribution business.

I really wouldn't care, but when you have a homeowner losing their home because they're caught up in a contract with someone who has a clause that says the contract is subject-to finding an end buyer & gives them permission to market the property it's no different than a contract that's subject-to flipping 3 keys of coke & finding a cheaper distributer. 

Make sure the interest payment to you is separate from any other distributions you might get.

And there's not really a chart of what qualifies for shorter depreciation, it's more like "assets used in distributive trades and professional services, not including section 1250 assets." are 5 year assets.

Find out techniques to convince them that even though I don't have some six figure some to bring to the table I'm not just some dead weight trying to leech off them.

I could use some guidance here.I'm looking at a scenario and I'm new, so any ideas or inputs would  be great.I know a guy ready to give his house over to the bank because he is going broke.I'd like to try and buy his house for a great deal and make it a rental and I'm trying to think of the best technique. since Interest rates are high right now, I dont wanna open a new loan and get locked in at a high interest rate on a potentially long loan. so I was thinking about that promissory note idea. where I promise him to pay his loan payment and it stays in his name, assuming he has a better interest rate than what I could get. any ideas on that tactic?