Can returns be too high that investors set their expectations too high for any subsequent deal to meet? 

General terms (so far) are $750 k offer price with 15-20% down; our broker believes the land is worth about $500 k, the tax records list the property valued at $60 k (we know it worth quite a bit more than that based on some recent comparable sales.)So a couple initial questions are; has anyone ever used owner financing as a tool to acquire a property and then subsequently worked with a more traditional lender to refinance (shortly)thereafter?

Hi Caryn,No....Why pay for it.When it's time to change and another color is popular what then.Cabinets in, then flooring on once it won't get damaged by sliding cabinets.Here's a website you might enjoy. it's all about kitchen flooring: https://www.armstrongflooring.com/residential/en-us/inspiration/kitchen-flooring-guide.htmlGood Luck!

I let things slide thinking she would do the right thing.     4.

However many if not most tax lien auctions are online these days so there is no reason to have someone do it for you.I have no experience with the "Tax Lien Code" however a quick check of their website shows a slide presentation that is misleading.

@Ivan Ng Transferring investment properties into an LLC and subsequently placing them into a revocable trust for estate planning purposes is a strategy that some individuals choose to pursue.

If you sell the property in 2024, the remaining "what would have been depreciated" over the subsequent years is subject to depreciation recapture.Here's a simplified calculation:Total Depreciation Taken: Let's say you've taken $1,000 in depreciation each year from 2020 to 2023, totaling $4,000.Remaining Depreciation to Be Recaptured: The remaining depreciation that would have been taken over the years 2024 and beyond (up to the end of the useful life, which is 27.5 years in total) would be $7,000 - $4,000 = $3,000.When you sell the property in 2024, the $3,000 remaining depreciation would be subject to depreciation recapture.

Not sure I can let the Goldman analogy slide.

How do you plan to finance the building and the subsequent renovations?

Here are some methods and some subsequent questions about obtaining experience. 3 Methods (That come to mind): 1.