The referral system and residual income you can make can't be beat anywhere.

We received $15K at sale plus residual interest payments during mortgage term.Lessons learned?

However, in a section on the will it says, “All of the rest, residue, and remainder of the estate of every kind and nature is left to herself and 4 children.”

I would clean it, prime it with high adhesion primer and apply "porch & floor" paint.

Alternatively you could just take the drywall you test fit, throw a little construction adhesive on the back, slide it in behind the trim, and use some "mud framing" to reform the corners, give it a quick sand, paint, and caulk.

Where 65K times 10 is 650K and with 96k per year residual income for the rest of your life, in two years you could retire.

I will take a portion of my commission on any of the deals and invest it into the deal to get residual income without necessarily having to come out of pocket. 

When an area becomes a sustainable, high growth market like Nashville, returns become increasingly residual. 

Also seller is not interested in Delaware Statutory Trusts at this time.Additionally, cost of structuring and servicing the note are of interest.Since I am not able to give advice on taxes and legal matters, I thought I would reach out here.Thanks in advanceMattDRE 02100289When the gain from an installment sale of the depreciable real property consists of both unrecaptured section 1250 gain (25%-rate gain) and adjusted net capital gain, the taxpayer recognizes 25%-rate gain as payments are received before recognizing any adjusted net capital gain.29 This “front-loaded” allocation method is consistent with IRC § 1(h)(3), which defines adjusted net capital gain as the residual category of capital gain not taxed at higher rates.  

In other words, if you find yourself 6 months from now working full time to score a great deal, but you haven't gotten past the "looking" stage, will you have the residual income, savings, etc. to keep going, or will you end up with 90%+ of MF real estate investors who give up and go back to W-2 employment?