With this in mind, I went with Axos bank and opened a business account.

I do agree it really shouldn't be this hard to get the information you need.

Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.

Even if not immediately then your son would owe it when he sells, so no advantage to this strategy. 

I'm surprised they were able to do a 1031 under this structure.

👏 Agree, this is the kind of data that can help you stay ahead of the curve.

@Tim Callahan, you may be able to add this to your lease in the future.

This will create some more movement, has been holding up quite a bit of growth.

This is when you buy a primary residence (1 to 4 units, the more the better) which you can usually get for a very low down payment and get the best interest rates on and then rent out other units and/or bedrooms within your unit to pay for the mortgage and other expenses.

., she purchased a property in Akron earlier this year and may have some recommendations.