Basically just putting a step in the middle of a disallowed transaction that is really only there with no actual profit/business/clean motive except tax avoidance...is not valid. 

PM me if you want the contact (they deserve some business for their great support, but if I do not close I have no need for the insurance).Good luck Thanks Dan,  where in CA is that property at very good price for what your describing !!!

Ask yourself: do I really have the knowledge of real estate principles, real estate law and real estate finance; the network of contacts; the experience both in business in general and real estate in particular; the time available; and the analytical ability to compete against FULL TIME EXPERIENCED PROFESSIONALS to be successful in a field where the failure rate is so astronomically high?  

•Downtown Orlando offers a different rental audience—primarily business travelers, medical professionals, and convention attendees.

If you want cash flow, start or buy a business.

There are also a large number of accountants we work with who say that as long as it is done at arms length as a business like transaction then they are fine with it. 

@Terri AbsherNot familiar with them but here is a prior post on BP about themhttps://www.biggerpockets.com/forums/311/topics/1006736-has-anyone-done-business-with-flipos

You can find qualified buyers that are small business owners, tradesmen, etc just have someone qualified to do prop underwriting be fore you sign the agreement. 

I know I would get bored with not having a job or business to do lol

I think there's a pretty low bar for competency in the management business because it's not glamorous and can be a grind.