I think it sounds really good for both sides of the table.If you're only looking for appreciation in exchange for all your hard work and the risk of running over on expenses, then this would work in an appreciating market.

When I want the best person for a specific scenario, I'm usually expecting to shell out the big bucks for the right information (because the precision is worth it).If you just need a credible source to answer some generic questions when needed - it's probably a good fit.

@Tevis VerrettHey Tevis, not sure if you're still part of BiggerPockets but I too am looking for a free guide ethical guide some kind of a free report so that in exchange for the information that I can draw them in for their email.

Just be sure you are not exchanging funds every other day with the LLC nor using LLC funds for personal expenses.

Capital gains can be avoided if the rental property is never sold.Capital gains can be avoided if the rental property is sold for no profit, or at a loss.Capital gains can be avoided if the appreciated rental property is passed to heirs (inherited) before being sold.Capital gains can be deferred (indefinitely) if the rental property is exchanged for a property of equal or greater value.

To find a great property it requires two things: accurate ARV and precise ERC.

There's got to be a more precise method, I'm sure?

I suppose the question at hand is @Stephen Hopkins why not just go look at the typical exchanges and pick out a note and buy it?  

I work offshore but when I'm off I'll come work helping you flip houses in different exchange to learn.

I would also tell them that after you complete the inspection together, you will contact your accountant to transfer funds from your security deposit account and it will be mailed to them.This accomplishes 2 things, it lets them know ahead of time not to expect an exchange of money at the transfer and it also buys you a little time if there are problems in order for you to figure out what to do next.If you don't have a move-in inspection form to compare the "then and now" property conditions, you are at a severe disadvantage.