Unfortunately almost every franchise involves renting the occupied space when the property would have made more money than the business.

Purchase price: $850,000 Cash invested: $500,000 Sale price: $2,250,000 Purchased , knocked down, built new from ground up What made you interested in investing in this type of deal?

Purchase price: $260,000 Cash invested: $120,000 Sale price: $535,000 Complete gut, new front and rear walls, all new electric, HVAC, plumbing, roof, deck, windows, interior What made you interested in investing in this type of deal?

Publication 336 (cash method section) gives a clear example very similar to the situation described where constructive receipt was made because the agent of the taxpayer received payment for the taxpayer. 

Congrats, man!

What made you interested in investing in this type of deal?

But, this being a larger syndicator they do have professionally made presentations and due diligence documents for you to look through.

Purchase price: $850,000 Cash invested: $500,000 Sale price: $2,250,000 Purchased , knocked down, built new from ground up What made you interested in investing in this type of deal?

I've finally made the decision to get into the market to Build to Rent.

And.....”preREO”...just another goofy a$$ made up marketing term.