And you still get the same benefits in terms of tax benefits (depreciation is a beautiful thing), rental profits, principal paydown and appreciation. 

The $450K will be returned to me as payback of my loan to the intermediary, without trigger any capital gain taxes, right?

The city may boost my business since I pay a lot of taxes.....

Hi Patrick,I am looking to identify hard money lenders and private money lenders, as well as seeking advice on how to begin funding the first few deals we take on (or if we should even use outside capital initially) My personal credit has been a 15 year battle (due to 2 divorces, multiple identity theft incidents, and most recently a breach of contract dispute with a creditor (they want me to keep paying them but not provide agreed upon services).

And even if the due on sale wasn't enforced you would be dependent on them making payments to the bank.

Pick 10 people that are in foreclosure, and ask them if they want to sell their house or keep it.Correct. 10 out of 10 will say: "keep it".Now pick 10 tax liens people from your amazing tax liens list.Same equation, Do you want to sell or keep?

@Eric Lowe Prior to pulling the trigger on a Cost Seg study, you should evaluate 2 things:1 - How much net additional deprecation tax deductions a Cost Seg study would provide: Best way to get this is by requesting a free feasibility analysis from a Cost Seg provider.

I moved from the SF Bay Area to live and invest in Reno, NV because of it being much more landlord friendly, low property taxes, close to Northern CA and Lake Tahoe, strong appreciation, and I understood the market after speaking to a bunch of people and feeling confident about the future here.  

To make it easy, you can't buy in an LLC unless that LLC has two years of tax returns or if you are buying in cash.

However, if you're running your numbers then you'll want to make sure that you're including all the interested paid for the money borrowed from your HELOC as well as the carrying costs including utilities, insurance and property taxes.