Thanks for jumping into this @Jay Hinrichs- My CPA assures me that by retaining title (not transferring it to the partnership) I can enjoy cap gains on the land profits portion.- All the costs you list are in the $2M. 

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. - Yes, HUD has certain requirements that all listing agents must adhere to, but some list agents negotiate different assurances of turn around times, REO services provided that can offset marketing and vendor costs, streamlined process through HUD's approved closing attorney's, etc. 

I spoke to the landlord today and explained to him about the consequences about not abiding by the rules and he assured me that he wasn't aware of any wrong doing. 

PMI offers a lower rate because the private insurance offers assurance with less risk.

Another example, I would sell a property that has a 30 year commercial lease or an "Out Lot Lease" with a Special Warranty Deed as I would not give title assurances over the rights of the tenants.

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It helps you find reliable property management partnerships and gives you everything you need to make confident hiring decisions, like:Expert Matching: Match with professionals who meet your criteriaExtra Assurance: Licenses, experience, ratings, reviews, and more that can be cross-checked with BiggerPockets membersBonus Content: Receive an essential interactive workbook: “How to Interview Property Management Companies”

Finance starts getting burned on these, it starts hitting a certain "temperature" level, I assure the criminal charges will start happening.

I assure you that's not the case, while Jon is a monitor and does contribute greatly nothing is set up in BP, if it were I think I would have caught on by now.Myself, I simply cruise around the forum titles and see what is interesting to me or if I have something to contribute.