You'll receive true passive income on a monthly/quarterly basis, receive equity ownership, and still be able to participate in tax savings from depreciation.

Without going too deep into my personal situation I’m active duty in the Military and I’m about to re-enlist and fortunately for me I can receive a bonus.

If you never ask you will never receive.

I actually did receive a recent water bill from the listing agent a few hours ago, and it was $130.

I have all the text messages showing the conversation where I am saying I am not funding the deal and I am simply assigning the property.

I garnished her wages and today received the final payment.  

However it is one of the ways to make purchases quickly and setup with government agencies for buying liens and receiving payments.

Both GSE's - Fannie and Freddie will require most recent 1040's with Schedule E to verify rental income received.

It really helps to receive feedback from others in the business.

First always seek legal counsel with an attorney:ask them the pros & cons of some of the following:1) Debt: secure a loan against the property you receive interest payments.2) Equity: record an option to buy the property (ex. you have the option to buy the property for $115k for a specified time period.3) Purchase a partial ownership interest, ex. tenant in common ownership of 50% of equity4) combo equity participation loan , you share in the upside equity.