Account ClosedLet's please get the facts straight. 1.

That equates to a loan amount of 160,000 (85k + 75k).At closing the lender will wire into the escrow account 85k, you'll wire in your 15k plus closing costs. 

Thus everyone moving their money to high yield savings accounts and CDs right now.  

My mentorship was not an online course but rather weekly accountability calls and guidance through whatever roadblock I was encountering, which most of the time was my mindset.

(Many syndicators are selling at a loss right now because they did not account for these things.)  

I went into my accountant's office about 10 years ago and set it all up with her.

This also goes for what you're grouping into OpEx...some are just overall business management so the asset looks worse because of your accounting for them.Overall though, $6k of cash flow, $Xk of principal paydown, tax benefits, and 3% appreciation seems like a fantastic investment.

Our (buyer) bank when we received account information for the wire announced that this account was fraudulent all over the country's bank system.

Well, the reasons given generally fall into two categories - either tax benefits through an “installment” sale or obtaining an interest rate on their capital greater than what banks are paying.In my 45+ years doing real estate deals, I’ve found maybe once that the tax argument was considered by a seller; further the “greater than bank rate” argument is completely irrelevant because - the proceeds of a property sale were never going into a bank account, at least not most of the proceeds.

Thank you @Sean Graham and Account Closed for your responses.Zachary, regarding your statement: "However, for the strategy to be effective, clients must ensure that they meet all the IRS requirements, such as maintaining the short-term rental for a sufficiently long period and passing one of the material participation tests (e.g., 100+ hours of active participation)."