thanks for breaking it down and simplifying, i think sometimes we tend to overcomplicate things and think there must be some kind of secret.

Can anyone simplify this process for a newbie?

That's over simplified, but you get the idea.So, if you're willing to sign up for something like one of those, you could figure out a value, figure out the value of the annuity payments, then set it up legally with a lawyer.

As mentioned, building and zoning codes are difficult to get around, high density is required to make financial sense and, practically, I think interest is more around peoples desire to simplify their life than to live in a very small space.That said, I would like to try a project with houses in the 400 to 700 range, and maybe a few tiny's included.

I'm simplifying it but if this might work for you I would talk to your IRA administrator.

In this agreement, the capital partner holds title and the real estate investor manages the renovations and markets the property.This is a very simplified version and is intended to be a template whereby you fine tune the details with an attorney to correspond with your goals.Once you have a completed agreement by your attorney, you can keep using it over and over again.

I prefer to recommend an LLC as it allows corporate benefits, with simplified filing and fewer tax consequences.

It simplifies things for you.

-Rewrite the tax code so it's simplified, understandable, and fair.

Mine is complex with excel spreadsheets, etc and I'm looking to simplify.