When people have mentioned that in this thread they failed to make the distinction that the appraisal only "sticks" if the new buyer is getting an FHA loan also. 

A lease Option is 2 very distinct contracts...the lease and the option.  

That makes a lot of sense for the different types of distinctions and figuring out how to talk to each. 

Second Ward has a really distinct character.

FHA doesnt have different LTV's for units (key distinct advantage).

Cash out 4 to pay off 1, Fannie Mae financing, close, then cash out only #5 Freddie as a distinct 2nd step.

Why the distinction between a Corp, Sub-S and and an LLC, I don't know, but its the rules, so go with the flow?

But its important to know where they're listed because each one has a unique flavor to how you offer and the discounts you can get.

Maybe I misunderstood, actually.I think your point is that if the loan payments are interest only (not fully amortized), then depreciation recapture would be postponed.Actually, I never thought of that distinction----I don't know whether that would affect the outcome or not. 

While these functions are related, they often involve two distinct types of professionals.While we've had a tax filing CPA for decades, we only just this year started getting from a company that helps us track and get reports on our daily transactions.