If the investor holds indefinitely, the property owner is basically receiving a perpetuity in the amount of $50,000/year.

Stereotypes are there for a reason.

Hurry up and take some new pictures since I assume you have fixed the fence and made some great improvements inside to get rid of the negative stereotype of your listing. 

While shorter term buyouts do exist, the typical buyout is 50-99 years with perpetual terms also being frequent.When analyzing a property with an existing lease that has been sold, it is important to not only ignore the income, but you need to also take into account the residual obligations left to the property owner, as well as any contractual nuances that may have been agreed to by the former property owner.

But it's amazing how this false narrative about Californians paying high property taxes keeps getting perpetuated (kinda like California being broke).

Sure you may get lucky here and there, but don't count on it.I certainly would not count on 7% appreciation into perpetuity.

There are others part of this sadistic and vile team, but for now this is the man in immediate proximity to me, who has been working in conjunction with local police and county of Ohio, etc, to contribute to the terrorization perpetuated upon me.

I'm in Central Mexico and half the cars are Benz or other expensive cars, I think the stereotype is a little far off.

I know its not really called a BRRRR, I was just hoping to make it easier to understand than to get into the "infinite return" or "Perpetual" terms. 

However, I firmly believe the majority of those folks are operating from the standpoint of stereotypes regarding the type of people they believe are on Sec 8.