I like to keep all my P&I payments in the expense column also, and any equity is icing on the cake as far as annual returns.

I have done seller finance deals in Southern California, Anaheim was the last one.  

No payments and no interest was icing on the cake. -

If a motorcycle dealer pledges his personal home along with his business assets, the majority of the property collateralized can be motorcycles, his home becomes incidental, like icing on the cake.

Appreciation is the icing on the cake. 

Let's say to make it easy also $40K.I'm the one getting the other parties together, find the property and negiotiate the price.Let's say the place can be sold for $120K.How would you split the cake between the investor, the improver and myself?

I see you live in Anaheim , you have a social media I can follow you .

Just trying to see these deals better Well  You need to make cash flow appreciation is icing on the cake but not something I’d base my purchase on .

While receiving a W-2 the loan process was a cake walk.

However to reach FI I cannot bank on appreciation, I rather have it as icing on the cake.