While you are driving track your progress on the map with a highlighter, so that you will be sure to cover the entire area.If you use farming as a tool you will enjoy the benefits of working in an area where you are familiar with the neighborhood, your customers are familiar with your marketing, and your closing officer will become familiar with you.

How will I benefit from doing it?

You will want to do yellow letters and emphasize the benefits you offer landlords:-Elimate tenant hassles and headaches forever-No more chasing tenants to pay the rent-We never charge any fees or commissions -We can close on the date of your choice-We will buy your house “as-is”-It doesn’t matter if the property is vacant or occupied

This is the benefit of doing a refi as soon as you can.

This is a benefit to an investor but I don't think anyone should ever take advantage of that.

If farmers were able to benefit from the higher prices, they would have an incentive to grow more.

There may even be a tax benefit to changing the character of ordinary income to passive income.

There's probably a post about the benefits of land trusts, however, I see people deeding their properties into LLC.

IncomeRent $750ExpensesPITI $815Misc $300Negative cash flow $365.Since taxes vary locally, it’s hard for me to know how much is going toward the principal balance each month, but I’ll assume your initial loan was for 125K and say:Cost to sell this place now (commissions, closing costs $10,000)10 years of carrying costs: $43,800Principal pay down over 10 years: $20,26820 years of carrying costs: $87,600Principal pay down over 20 years: $57,49630 years of carrying costs: $131,400Principal pay down over 30 years: $125,000It seems like the negative cash flow outweighs the benefit of keeping this place, unless you just want to have an extra piece of real estate for your child, parent or whatever.As an investment, it does not seem to make sense.

I prefer to do subject-to transactions because I own the house and get all of the tax benefits, etc.