I can explain this further if you like, let me know.You'll also want to look at and as best as you can determine the service life of the various components, factor that into your plans (buy and hold?

No equity but if you choose your notes well the live well sleep well component to many is worth it.Most of the investors that we deal with that get a little older IE 50 to 90  will migrate to notes and give up on rentals.

Dental floss, feminine hygiene products, condoms, diapers, cotton swabs, cigarette butts, coffee grounds, cat litter, paper towels, and other kitchen and bathroom items that can clog and potentially damage septic system components if they become trapped.

As we get further into a mortgage, particularly once you reach the tipping point where the principal portion of the mortgage payment is larger than the interest component, we are less inclined to make prepayments.  

If so that is another component you need to consider.

For example if you were looking to buy sub 2, homes built 1995 or later, with 5% interest rate and under, would that be the inventory component of Sub2?

Then if you have a question about a component, modify your keyword alerts or post a question.

The cash flow component is better and you may have multiple exit/uses.

You still need closing costs, due diligence fees, reserves etc.The other component even if you find a partner is this is mixed use which is one of the hard assets to manage and liquidate versus a 100% specific asset class.

They might not care about the tax component of it and may already have multiple of those in their portfolio.