Could be a business decision based on keeping long-term high quality tenants rather than risk the costs on turnover. 

Purchase price: $160,000 Cash invested: $40,000 Sale price: $268,000 I bought my first house in Kalispell Montana as a long term investment and possibly a rental.

Long-term fundamentals?

In response to your original question, closing agents should handle private loans just like a bank loan. 

Long-term wealth is it's superpower, and yes, you have a little cash flow to keep the lights on. 

That term is generally used when zoning has change, such that it if the structure were destroyed, it could not be built back. 

A short-term rental with a stay of 7 days or less + Material participation =also non passive.

Gaining a risk-free property, with a long-term resident there to pay down your fees, etc, with a property management company in place to hold your hand along the way and making sure your property is kept up with. 

I am happy to pay a competent firm to keep me from violating the terms of my plan and answer questions, but somehow I fear that no one will want my account because the banking part is outsourced to Titan Bank (which is not paying interest, so I should probably switch from them too) and perhaps there are no custodial fees to be had the way this plan was set up. 

We have couple turnkeys, and couple of BRRRs that we did so far (all are single family residential properties with long-term tenants).We are interested in exploring commercial real estate, and wanted to get all of your help in getting started.