Lots of legal opinions here, but most are inaccurate.It is true that, absent an estate planning vehicle (trust, etc.) there needs to be someone with “standing” who is empowered to pass title. 

So, I'm now quite confused about the true value of the property. 

I've noticed it's more true the smaller the deal.

The same would be true if you had $500K of Apple stock and wanted to distribute it to yourself over a 10-year period. 

Hi Will,Great list and all true.

btw, are you the same Jay Hinrichs of "TRUE "WHOLESALE HOUSES" that was sued by the STATE OF OREGON-DEPARTMENT OF CONSUMER AND BUSINESS SERVICES DIVISION OF FINANCE AND CORPORATE SECURITIES? 

Zillow’s June Housing Market Report also pointed out that nearly 25% of listings had a price cut, with most markets in the South now “buyer-friendly”.TP: It’s certainly true that the nationwide inventory of homes for sale is up significantly year-over-year.

But alas that's just not true.

True?

But based on what you wrote, lenders will not touch something that small.Very true.