MikeSo just to tease you a bit, you are asking "Why oh why won't anyone sell me their property for a fraction of what they can get by selling it on the open market in a weekend?"

Sometimes that fraction of a percentage point isn't worth an absence in communication. 

Sometimes that fraction of a percentage point isn't worth an absence in communication.

Sometimes that fraction of a percentage point isn't worth an absence in communication.

This might not be a bad result as you'll have a family vacation home at a fraction of what a non AirBnB investment property would actually costs. 

very simple your acquasition costs are in many case a fraction of CA.. in many cases you can buy a home for the same price as the downpayment required in CA and other high priced markets.. this is the main draw.And also the thought process that rental properties MUST throw off positive cash flow the higher the % return the better WITH minimum down IE 20 to 25%.. 

The most important being fractionalized stakes, will make it easier for people with low income or credit scores to invest in properties they can afford, just like they would invest in stocks.

I can get the basis value by: "To determine the basis of an individual lot, multiply the total cost of the tract by a fraction.

It's called a First Lien HELOC and the fees to get it set up are a fraction of the cost of refinancing.

If all of you will be on the mortgage, then you could treat the investment as tenants-in-common, which means that you each own a specific fraction of the property and you split the revenue and expenses proportionately.