Doesn't matter how you slice it or justify your thinking, you'll be depriving the family of the best deal to allow you to profit off of them.Thinking that a lease-option deal is offered to family on a property they want or need to sell is breath taking to me, not in a good way either.All of you chip in and get an appraisal on the property and sell it, take your cash share and get out of the way.

And for a second, you sounded like Account Closed , although I think he pushed his chips "all in" a bit earlier..

What these markets all have in common is that they are highly desirable with blue chip status, have almost no new land (except infill/replacement development), and have a global client base.SF has had an annualized growth rate of about 4.5% over the last 30 years or so; rest of the country I believe 1.5-2%, many areas even less.

Have some chips and an ale for me!

The paint will chip, the carpet will wear, the windows will stick, the doors will creek, the occupants will "fail to move on time".

She asked "why, she's a nice dog, chipped and all."  

My thinking is I'll sacrifice a bit of cashflow on a few blue chip rentals in better areas, and hopefully will experience more of an upswing in values over the next 24 months. 

Any insight from folks who have been involved in these projects is much appreciated.Thanks,Chip

@Cory Elder,I had to laugh at your post if you tried that in real life trying to hide something by saying it is only worth this amount but running it through a dozen LLCs make it look like your property is worth less than it is a good lawyer will spot that and start chipping away until the house of cards falls, and then you did all that for nothing.

Sell potato chips and other grocery items that are slowly decreasing in quantity, but rising in price.