@Arn Cenedella you nailed it!

From a NCREC license lookup, seems like you nailed it Andrew... licensed agent doing wholesaling.

@Dave K.Pretty sure you and Ashton both nailed it. 2019 value is your new basis assuming Washington is a community property state. 

Ok, then riddle to me how NAR and others just got nailed on some EPIC BS about buyer broker comp's....

if you care with capital preservation only invest in syndication that has 10 year outlook including the financing aspect. 5 years is too volatile.

How do I navigate the processes and find the right approach to adopt for achieving my goal of generating an income and preserving wealth in the long term.

Long term appreciation and wealth preservation you could look in areas like college park, maitland, winter park, etc.

. - 6% cap rate reflects a nice safe part of Los Angeles, California, a prudent investment, not one that will make anyone rich overnight, but a place that higher net worth individuals park wealth to preserve it (imagine the depreciation write-off). 6% cap rate also tells us, right off the bat, that we're going to be in the ballpark of 60% LTV.- We will stipulate that this is hypothetical. 

Their systems are set up to "deliberately" delay claim filings, supporting service calls, claim approvals and scheduling actual work - such that an owner is usually forced to fix an issue to keep a tenant happy or for property preservation.

You nailed it, "Make sure to follow all legal procedures correctly and keep documentation of all communications and actions taken."