If one partner should perish the remaining partner shall give the power of attorney half of what the tax assessor value is at that time of death minus their half of what’s left on the loan.

Having self-employment activity and no full time employees will allow you to have the more powerful 401k, but either structure can invest into real estate if setup properly.

This kind of stuff can limit the buyer pool and if you can figure out a way to power through it or find a win win solution for you and the seller, it can lead to opportunities that others may pass over.

Even better, own it as Steve mentioned, but if you have those due on sale mortgage issues, a lender won't harp about a sale contract.You may need to look to local custom as well, you may want a durable power of attorney to deal with contractors and suppliers, insurance matters, code requirements and permits.

That could be a powerful leverage point.From a business negotiation angle, you might let your agent or the seller--if a FSBO-- politely know the vacancy will expedite the closing and give you confidence to sign on the dotted line. 

If you do the power couple "10 in her name, 10 in his name" trick, that gets you up to 79.You are, of course, on the money with the rent thing.

Multiple tenants on one furnace are never happy and you do not want one tenant having the "power".Likelihood is you will end up getting burned on the utilities and the best way to avoid that is to put the utilities in the name of the user charged the higher percentage.

That gives you power.

Im using this post to test the waters on how powerful this medium is.

I just know first hand of the power of holding for a very long time with my own properties and properties that I manage.