Spoiler Alert: It wasn't unintentional.All the advice you've been getting is great, but definitely have plans to talk to the tenants directly after closing.

Fascinating, I know.How we'd want it to work (spoiler: it doesn't)Year 1: no cash = no taxesYear 2: no cash = no taxesYear 3: $15k cash is a partial return of the $100k investment = no taxesYear 4: $200k cash is split into $85k remaining initial investment, and the other $115k is a capital gain taxed at 15%.This would be simple and fair.

The 200-year history of technology investing is covered in the book Engines That Move Markets (SPOILER ALERT: retail investors collectively have always lost money on tech IPOs).The old American joke is that when an industry is young, it wants the rules relaxed so it can more easily take business away from the dinosaurs that are holding back innovation (remember the 1984 Apple Super Bowl commercial that attacked IBM?).

Spoiler alert, it's higher then 3.7. 

@Chad Carson Spoiler: do you REALLY only work two hours a week?! 

When you sell a mfh in nyc for 2mil, 500k for a junk duplex in Perth amboy sounds like a good deal but spoiler alert its really not. 

However, I’ll give you a small spoiler alert, it didn’t pan out as I defined it in the beginning.How things started:30 day close$6,000-$9,000 in expected closing costs$50,000 rehab costsInterest rate: 3.125%When we started this process, it was early December.