While this kind of investment might be of interest to someone who "invests" in crypto, I don't see this going mainstream.

My thoughts on this platform are that it's another money grab.

Make sure your wife agrees with this plan, though.

Someone with $10M in the bank in cash just needs to put a lot of money to work and time value and tax write off is more interesting to them than a hungry investor in their 20s that has never found a deal.Honestly, books are great, but they are about as "boiler plate" as you can get as I'm sure you're discovering.

This is pretty clean.Scenario 2:  Your partner has owned the house for 15 years and has been taking accelerated depreciation, so the book value of the house is very low. 

Since I am entering this field in the latter part of my life (63), I do not want 'long-term' investments as I am not interested in making millions, but having enough for the remainder of my life to 'Vive La Vida Loca'!

You will also discover the warranties don't cover as much as you think, and claims are often denied.Home warranties are so bad that most professional property managers will not manage a property with one in place.

That means it takes forever to pay off the mortgage meaning you're paying a mountain of interest. 

Quote from @Jaycee Greene: @Orlando Johnson Are you still looking at buying this property?