Of course my buyers are ALL owner occ's so different product and different buyer but probably more demanding than the investment buyer who is buying a basic rental house.

@Ashley Campbell You are wise to engage an accountant who understands real estate and who has a significant percentage of RE investor clients.That said, it shouldn't cost anywhere near $5K for you to get answers to basic questions!

Basically, does anyone know if this has ever been done?

This lawyer could not even bother to do some basic research.

It basically buys down the fee from something like 8% to 3%.

I'm basically going to be targeting rehabs and potential long term development plays or retail cash flow plays.  

Tenant advocates say it is due to greedy landlords without a basic theory of economics that increased risk requires increased return and that these rules lead to higher rent increases (good tenants penalized for bad tenants).As history has shown, the LL normally benefits from increased appreciation and rent growth but that is besides the point.  

Basically you could only recognize up to 578K of business losses again other w-2, int/div income.

I do that with a Vegas prop and we get basically double the rent and its A class so no need for PM. 

Basically you’ll need to buy out that tenant.