@Aishan Gonaduwage what specifically have you read, and how OLD was it, about Detroit being on the decline?

These penalties include:Five years in prisonUp to $500,000 in finesEquity Skimming may also result in Conspiracy charges, specifically conspiracy to commit bank fraud and false statements to influence a financial institution.

would love to see a seller finance specific calculator that has a option for 1031 exchange from buyer bringing in down payment.  

That isn't written somewhere specifically that way, but your lender will ask why you would move your primary from (for example) a 2,000 SF SFR to a 750 SF unit in a four plex? 

I would be much more specific on pricing.

Is there any specific area where you could use some support or advice?

In US tax law, the depreciable lifespan of an asset is defined by its MACRS classification which stands for “Modified Accelerated Cost Recovery System.”Under MACRS, depreciable assets are assigned to different classes, with each class having a specific recovery period.

A couple of tips:Ask specific questions: The more specific your questions (like, “How do you evaluate a potential deal?”

You have to factor in demand and vacancy rates to determine if it will be more profitable, and that’s specific for each market.

Our buy box specifically focuses on vacation destination accommodations - including boutique motel/hotel, campgrounds, treehouses, cabins, etc.