I dont understand how this even happens, does she occasionally open up her front door and and fling a diaper on the property?)

So you cannot use that property as collateral for a loan. 2) Again, the house is not your name anymore so there are no depreciation benefits.3) From my understanding (and I'm not a tax guy so double check this with someone who is) is that your taxable income would be calculated based on the capital gains over and above your initial purchase/capital improvements and recaptured depreciation (for a SFR, the property, not land, depreciates 1/27.5th each year) but the amount you lend back would not be taxable until you receive that income.

That's what I'm getting at.Yes I understand how different "characters" of income are taxed differently.  

Kris,I can understand your hesitation with respect to the appraisal report.

I think you really have trouble understanding loan product. 

Its GREAT to understand where the numbers come from but tiresome to run them by hand all the time.

Hey,My name is Daniel Angelino and I recently bought a home in Chapel Hill.I moved to North Carolina almost two years ago from Pennsylvania where I have some properties.I would love to connect with other investors around NC to better understand the market, learn, and start to build a team here.I am looking for different meet ups/events in the Raleigh area to network.

Sorry for all the questions I just wanna try and understand as much as possible when I go to pull comps.

@Hamid Sedaghat - 10/4 that is understandable.

I can help with understanding and knowing which markets to consider in the SE USA.