I am also a full time Realtor® and have connections outside of CFRI. 

@Mark Toweya couple things - from the seller's perspective, it means the seller doesn't have to wait the full 30 years to get the proceeds, and from the buyer's perspective, hopefully in that 5 years appreciation and maybe some updates have increased the value such that when you refinance you don't have to bring any additional cash.  

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

So the same investment that one investor thinks is great will look terrible to another and vice versa.I'm a conservative investor and so I require my real estate sponsors to have full real estate cycle experience (with little to no money lost) so they're not learning expensive lessons with my money during a downturn.

Also, here's a great article that describes the REPS status:https://www.aicpa-cima.com/resources/article/tax-rules-for-r...And another for the passive activity loss limitation that other mentioned:https://www.irs.gov/publications/p925

The other is the "full-Monty", your a partner to the end. 

Full remodel What was the outcome?

This left the remaining roommate in a difficult situation, and he is now trying to find a new roommate.I have informed both tenants that they are equally bound to the 12-month lease agreement and that rent must be paid in full, regardless of one tenant moving out.

The spacious primary suite features a private full bath with double vanity, while the flexible layout provides options for bedrooms, an office, or hobby spaces.

Hello Wade, We have a couple of list providers we use for searching public records for sales with seller financing.