We bring/offer the mortgage loan investment to the group & handle all the servicing, including chasing the monthly payment/insurance/taxes, foreclosure, etc.

I use a spreadsheet I developed to determine my entry costs, carrying costs, cash flow, tax write offs, appreciation and exit costs.

The fact that you have a TAX-FREE income is crazy good.  

Never lend in second position unless you have the wherewithal to pay off the first.

Our market is still great, great pricing, and a solid opportunity to acquire off-markets as i work with wholesale partners, but a very savvy agent that can negotiate well for STR or long term rentals and great with understanding the best possible options for an investment property. 

Maybe it can help me improve my analysis Sure, off that same premise you can just not do all this analysis and go see where Chick Fil A and Whole Foods post up.

Quote from @Jonathan Weinberger: Hey BP community, Every so often I enjoy writing about my investing experience here.

You could structure the deal as an installment sale or a lease option so the property owner doesn't see a large capital gain tax payment for the sale.And good on you for helping out!

The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.

Piggie backing off Jaycee.