otherwise you're just a turd sandwich with an opinion that most likely, is loaded with logical fallacies and cognitive biases. 

If so, then it's earned income.The IRS does not care if you buy a house, improve it and sell it or buy lunch meat and bread and make sandwiches. 

Here you have about 20 single families sandwiched by the 19 highway on one side and 100+ mobile homes on the other. 

There's been controversy on it, so on a busy street, somebody opened up a sandwich, dropped the wrapper on the sidewalk in front of your house, the property owner gets the citation.

If you are planning a sandwich, you need to wet close. 

Then you're in a sandwich though and definitely have some payment and LL risk.$280k rentals don't work most places.

The 15 towns on Cape include Bourne, Sandwich, Falmouth, Mashpee, Barnstable, Yarmouth, Dennis, Brewster, Harwich, Chatham, Orleans, Eastham, Wellfleet, Truro, and Provincetown. 

Not discounting the value of BP or net working at all, but subjective opinions are influenced by many variables, attitudes, agendas and assumptions.My sandwich was good, it may have put me in a better position to discuss another business transaction later that day, so it may have contributed to some success there, I didn't account for that.

As for Sandwich Leases...

:)  Hi Wes,Ron LeGrand in respect to Florida and in respect to lease option assignments and sandwich lease options, he recommends having a licensed real estate broker in your Corporation.