There's certainly been an uptick in available properties over the last few years as some owners have grown tired, new construction is booming in new lots and ones that were lost in fires, & investors who bought in 2020-2022 who may've overpaid and weren't properly set up are struggling.

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

Provide transparency so neither party feels “tricked” into a deal.Offer tools like secondary markets for token holders to sell their income rights if they wish to exit.The aim is to facilitate fair, mutually beneficial agreements—not to worsen deals for either side.This idea is designed for specific types of property owners (long-term holders who need liquidity) and investors (those seeking passive real estate income without ownership complexities).There are risks, like any financial agreement, but with proper transparency, legal safeguards, and investor education, it can work as a niche alternative to traditional real estate investing.Would love to hear your thoughts on what else might need to be clarified or improved in such a proposal. sounds like you have already convinced yourself this is the next big thing, so let us know in a few years how it goes. 

If you've already reached that end - ie if $4 million is enough principal to create residual income that you won't outlive - then I don't see any good reason to be buying out-of-town properties that then have to be managed properly to preserve your investment. 

I taught myself Spanish, I already know the construction crews in the area, the realtors, the communities, the land, I have someone managing the property, I have a maintenance crew… I already did an incredible amount of the work involved in finding a deal and turning it around through reconstruction and proper management.

That can be legally done under the correct situations.You made some serious mistakes in the purchase, that proper training would have prevented.Again, Subto is legal, when done legally and I am not saying you've done anything illegal.The real solution is to sell and pay off the loan.

So, in your example it might be at 9% interest rate which would make the weighted average HIGHER than taking out a mortgage at today's interest rates because the 2nd mortgage would be 3x as much as the 1st mortgage. 2.

I notice you didn't say you'd actually seen the tenant's policy.Are they properly licensed?

Section 8 is a nice program, but you will get low IQ tenants who don't know how to clean properly.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.