I have not lived in the property two years and feel that any profit I may make on a sale would get chewed up by closing costs and capital gains. 

Doing this will indefinitely defer paying tax on profit or depreciation recapture. 

June 27, 2024 at 4:21:30 PMSecured Note I 17°/o Interest I 12 Month Term My partners and I are raising $5 million of short-term expansion capital for the MoneY.Is Mastermind, our exciting and profitable growing business.We have roughly 1,900 paying members with a current valuation of $43 million.

@Nate McCarthyProfit Splits and Contributions:Dividing profits proportionally to investment (2:1:1) is common, but you could also account for sweat equity if one party is doing more work.

Lots of areas that pencil very well on paper but the quality of renter you will get is going to eat into any profit you may think you are getting.

If they are them they had too thin of margins already.

There is way too much risk here and no profit.

It outlines profit and losses from rental real estate.

I would also urge you to make sure you fully understand how they operate , A-Z (from how they make their profit to how many doors they are managing). 

If you don’t owe then, everything is profit without paying overhead depending on the structure of your lease.