Originally posted by @Mauricio Duarte:@J Scott, I see.

Originally posted by @Chris Miller:I Bought a house subject to 6 months ago. 

Originally, I was using the 1% rule to try to come up with a number.

It is a good way to run an experiment—provided that you know enough not to lose your original investment capital.  

I have dropped my rental price (from the original rent listing price recommended by my agent), but I still don't see much traction. 

Depending on the facts and circumstances of the agreement, it could either be treated either1) the sale occurs as of the original agreement date, and then your taxable gain is generally spread out over the life of the principal payments as an installment sale (although I should mention any depreciation you've taken on your property could affect this), or2) the sale does not occur until the lease option is exercised, and gain reported at that time.

They are being overly optimistic in their new projection just like their original projections.

I'm considering setting up my LLCs in Series and one thing I'm interested in doing is getting separate credit cards for each additional series.

I didn't catch that originally! 

Took this over from original owners at severe under market rents.