Most folks with higher end homes in todays market will be very reluctant to sell sub too as they are too sophisticated or will consult and an attorney and simply wont take the risk of letting someone take over their mortgage without formerly removing their liability.. might be  able talk some into do a Warp though if they want to make money on the delta like we do..

However, due to short seasons, and more mild winters, I'm struggling to think even 3-4 years from now that I'd pull anything more than $50K a year in rentals.Bills / property taxes are about $12,000 a year.The thing is, being single, and not really dying to work in this area (small town), I'm feeling rather stuck, as is all the equity.I'm currently not working, but very much want to move back to Chicago, a place I love, and start buying cash flowing properties.I'd suspect I would have about $900,000+ after all is done if it sold at $950K, considering the vast array of other things I've accumulated (wood splitters, machinery, tools, MCM furniture, rugs,).

38 items are not complex and frankly any syndication GP that does not include them by default (or most of them) is likely catering to less sophisticated  investors.

Tenants will appreciate the longevity and ease of maintenance that granite countertops offer, reducing the need for frequent replacements and repairs.In addition to their practical advantages, granite countertops add a touch of luxury and sophistication to rental properties.

This probably depends on the level of sophistication of your investors, but I would consider this a kind of "incremental analysis", similar to an incremental IRR calc that could be run on a staged investment. 

Hawaii is a market for sophisticated investors who aren't dependent on cash flow.  

Brad provided the training to become sophisticated and the network to meet more GP than I could imagine. 

So, thats a fair amount of equity that you are pricing yourself out of due to not wanting to pay ~6% of your gain (federally anyway).Probably not as sophisticated as the Deferred Sales Trust, but an installment sale would spreadout the liabiilyt and maybe you could be federally taxed at 15% instead of 20%, thus saving 5%. 

This is no different than the stock brokers that were selling "just buy tech" in the late 90's or the real estate "experts" that were telling people "the sophisticated people are buying on interest only, ballon payment, loans, then selling before the balloon is due" in the late 2000's.

ITS very hard to do this stuff .. sophisticated sellers or any seller that talks to an attorney is going to have a hard time giving you title to their property but they remain on the loan.. thats your biggest hurdle.Hey Jay, that makes sense if you plan on flipping but you can go higher on price if you are going to hold it for some time as a long, mid, or short term rental.