., the latest "guru" lawyer just rolled through town convincing the tin-foil-hat crowd that everyone is coming after them, and they need to pay him to arrange privacy and asset protection.

You would be in a losing asset.

I’ll provide an overview of the situation and my thoughts/attempts on how to structure the deal.Owner: He is in his 70s, payed off asset, appreciates the return profile of his property but is no longer interested in the management and hassle aspects.Details: Before I even asked, he mentioned that he isn’t sure where he stands in terms of depreciation and is somewhat concerned about the tax implications of selling.My initial approach to discussing creative financing: Me: "Have you heard of or would you consider seller financing?

I also lived in NV and TX for some time, and would prefer that climate, but need to make sure the financials make sense there. 

He has another $50k in assets and $325k in investments and no debt.

Your house isn’t just your haven—it can be a financial asset too.

They are a great tool for asset protection (when you have assets to protect), but they are by no means the end all be all of liability mitigation.

In your case looking to larger assets where you can effeciently cost segregate to gather bonus depreciation would be a smart move.Appreciation - Where in the country is the asset class you like growing or going to be growingAmortization of the loan - What sector or even region if you look locally for funding, is going to offer the most favorable lending so that less goes to interest expense and more to pay down of principle.Have fun with a spread sheet comparing these 4 returns from your investment with the type and location of assets you find attractive. 

The sky is the limit once you are financially free!

Selling could net ~$60K after costs, relieving financial stress and providing a reset for future investments.