Considered listing it with illustrations as well...up for insights

(I crudely rounded my numbers for this illustration)The details are very well explained by @Katie Lepore

I am saying that the local laws must be respected and am illustrating examples how.

The claims seem to fall into the category of marketing hype to sell a product, even though most that I have seen include deceptive (IMO) implications and faulty accounting to illustrate their position.

Hi Christopher,Never Split the Difference is one of my favorite books, when I started utilizing calibrated questions and labeling it was a game changer for me in my sales role.I’ll admit I haven’t used it in real estate yet but here are some ideas I came up with that should illustrate how you can use two of the main concepts.Chris Voss defines a calibrated question as an open ended question, a question that can’t be answered with yes or no.One example might be when reaching out to an absentee owner lead instead of asking “Would you be interested in selling property x” try “What are your plans for property x?”.

WSJ article illustrates The Escape From NYC!"

You can't do that in law.As an illustration, this is the kind of crap I've been having to study for the past 6 months where all conditions are set at the beginning and all answers are based on those conditions.http://www.admissionsconsultants.com/lsat/analytical_reasoning.asp

Yes and no, and to illustrate that I tried to be a little snarky to at the expense of our Friends from the Great White North.In summation and in regards to the OP other people have said it -- Passive Income is a term used by the IRS to define a W-2 Income versus Investment Income.

When you have a signed contract with a seller it should very clearly illustrate that you intend to either resell immediately or put a tenant in there for a profit AND that by entering into a contractual agreement with you they are allowing you to advertise the property as needed.

The illustration above allows different values to be assigned.