I learned about title companies minimizing their risk by not providing a policy due to a variety of factors that make them feel uncomfortable.

I want to calculate IRR while also factoring in the decreased return that will kick in about a year or so because of capital gains. 

I know LIDs probably aren't common in all areas of the country, but they are in the Vegas area and I don't find it easy to get information.For the record....I always factored this cost into my calculations and still liked the "big picture" as far as cash flow.   

But of course, the rent is still totally flat for 15 years, so I'm not sure how to factor that in. 

Just have to factor that into your numbers when running deals and offer at the right price.

Factor that in.2.

Thank you for your reply, Wayne.I hadn't considered that factor. 

In this case, Andrew's ability to be flexible with a delayed closing could be the negotiating factor. 

Interest rates might vary depending on many factors ( ).

The challenge with what you're describing though, is that there is a large risk factor in terms of your ability to make money.