Better to build your own equity through the debt pay down, enjoy the tax benefits of ownership, and garner the equity of an appreciating asset.

Welcome to NYC and Welcome to BP I am sure you will enjoy both equally 

If you’ll pay the $500 equivalent to fixing the broken cooktop, I’ll pay the rest and you can enjoy a new stove for the remainder of your lease.In court, if she left at the end of her lease and you had a broken cooktop, you could only recoup the 4/15ths or whatever of the remaining useful life was, against her security deposit.

I do enjoy the numbers behind investing.

So glad you guys enjoyed the event.

I invest in newer SFHs and I've received cash flow and enjoyed appreciation on each investment. 

It's a bit of work, but more enjoyable than LTR; at least for us.

On the initial conversation he stated that he's in his 90s and wants to enjoy spending time with his family and therefore wants to sell his properties.

The logistics of using a land trust to secure financing, while enjoying the protection of an LLC, are laid out in this article: https://www.biggerpockets.com/renewsblog/llc-lendi...Ultimately the goal should be to keep as many financing options available while ensuring your asset protection is solid.

Go into the meeting with the intention of building report and showing you are an enjoyable person to work with and be around.