Hey, I found this 2.6 million dollar student housing apartment building trading at below market with an expected return of 290%  after 5 years.

Having some equity to work with is different than having a free and clear sfr that you can trade for multiple units.

They've since been bought out by Intuit, a publicly traded finance company, which I think is a good thing if you are worried about security.  

That does have tax consequences for them because forgiven debt is income and is taxable.

Don't list any of the RE values in securities, unless it is a publicly traded company.  

Trading rental income for interest income... one passive the other work.. but tax wise not quite as good as I lose my deprecation..

The pro forma allows the potential buyer to model the consequences of a future but sudden rollover vacancy along with possible commission and tenant improvement costs.

I am an anesthesia provider by trade.

The problem also is in the fact that 1-4 unit properties do not trade on cap rate, so although you can still add value to these properties, you can not calculate your return using cap rate.

Plus 50% of costs is a fair trade between you and the tenant.