It appears to me this was a well thought out move that will lead to the Morris's having a nice  life here in Portugal and all the investors left in his wake are for the most part very much out of luck or any hope of collecting on judgements. 

You sit down and weight the pros of cons in the end.

I just have never heard of this kind of experience and am wondering if others have run into any debacle like this. title company checks normally dont get held I know mine never do.. last year when first american got hacked I had closed a deal and had a nice size proceed wire due and it took 6 or 7 days for FATCO to get the wire out to me..

Yes just read the details nice!!

I would lease it to cover cost for 2/3 years and then I would sell once I could get $475,000+  Would be a nice ROI and is actually doable.Love this idea!

I think this looks nice and clean

Even then, if you've built up enough carry-forward losses, a nice capital gain may not trigger any taxes to be paid. 

This is the driver for the tone of this tread. 

Having said all that - my Ohio portfolio is nice and steady!

No maintenance fees or monthly fees which is nice.