@Ian Hoover You still had to pay transfer tax on the adjusted assessment, didn't you?

I cant recall the exact name it was something like a zero coupon bond.. and the setting we used it in was a new townhouse project that I was the broker on and it was not selling and the owner came up with this.. 

4) Finally set up a call only because I was shopping for a particular type of loan they claimed to have.

Just need to set expectations for what you're actually getting in return, a small condo is not going to be life changing wealth.

Right now my Roth can fund a deal for a friend who can give my kids IRA an option to purchase down the road, and set it up to favor the kids roth.

At the end, you will file for a Certificate of Occupancy and you'll be all set.

Also set a line of communication.

I feet that would be much better than setting the both of you up for failure.

That’s exactly what it is - a third party cpa firm goes in and verifies if we say investors got X they got itThink of any mutual fund, when they publish there 1,3 and 10 year performance it’s not them doing it - it’s a third party that follows the same set of rulesIn speaking with this firm it was kind blowing how they noted some people calculate returns.Some will use depreciation in there analysis, some will go off costs per year and not at time of expense, some will note gross for entire fund not gross for investor or net for investorIt was very educational and informative.

WE generally sold our notes after a few months of seasoning. note buyers for land in those days wanted 20% returns at least.. so it became a function of running PV's as to how we would set the terms..