(despite Property Manager's perpetual contact high...)

Sell the billboard lease income to an investor through a perpetual easement (simultaneous closing SIMO).3.

If everyone does this then you will essentially be reducing the average market rent to a lower number, then if you adjust your rent to the lower end of that new average you'll be perpetually reducing your rents.

@Aariff Kadar A very good friend of mine just showed me how to legally defer my taxes into perpetuity.

The perpetually over built town is so very close.

@Mike Shirley I have a friend that can help you legally defer taxes into perpetuity.

Or is this option really just a benefit for those who invest in high dollar properties, thus allowing their depreciation to always be much greater than any rental income they could hope to derive from the property, giving them a perpetual paper loss?

If you tie up someone's property without having a chance of closing the deal, your not being fair to the seller, and you're perpetuating the negative view of wholesalers.Next, you have to make sure it's a good deal for your buyer. 

Our job as civilized human beings should be to set aside our natural tendency towards tribalism and adjudicate all people and situations on their merit rather than our innate bigotry and stereotypes. 

They were also the most outspoken acolytes of the “perpetual 10%+ appreciation” theory.