Here's some more reading on the subject: https://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Home-Office-Deduction 

I spoke to them & we were thinking of doing either an Owner Finance type of deal or "Subject To".

Waiting also means you're subjecting yourself to interest rate risk.

But the rehabs are well done, we average 3 to 5 maintenance calls per year, per unit.So i believe it subject to the maintenance, rehab/condition of the asset, background check of tenant, and relationship with the tenant.I believe the tenants treatment of the house is typically a reflection of the owners care of the property.

@Sendhil Krishnan @Dave Foster  Dave I have seen this many times over the last 30 years.unless they thought this threw up front I suspect this is inventory and they are in the business of creating lots to sell to builders and subject to ordinary income and the managing members are privileged to pay SET as well.I would think like you said the only out for him is to sell his % to someone one time and exit.Many times when I buy plats this is the case.. the seller won't record the platt for tax reasons IE they don't want to create inventory and by recording the platt boom its inventory..

We use listsource.com primarily and pull potential cash buyer lists frequently.

I realize I misspelled "management" in the subject line.

Do they frequently get water down in the basement (like any obvious signs of this/mold)?

In my various marketing campaigns, I've seen that the conversion rate has been subjective on the area I am farming out.

As a result, I am now looking to use my expertise and JV the program.Dan:Our experience has been it's the number of mortgages (not properties or doors) and these seemingly arbitrary in-house bank rules shift frequently depending on the needs of the lender's (bank's) portfolio.