@Kyle Knudsen, There's a couple reasons why this wont work unfortunately.1.

but it also has a couple shortfalls: - Low to fair rents at best - Low rent appreciationI bought fairly smart, but still not smart enough to consider it an immediate good return.

At this stage in my life, these equity plays are more impactful than holding onto a property for a couple hundred dollars of monthly cash flow.What’s your take?

We have tried contacting a couple of the trustees and sent a mailer but have not had any call backs.Does anyone have any other helpful hints on how to get in touch with the family?

Some good into for you to have (and your seller) and steps forward:First: As you have learned, you cannot have two FHA loans unless you qualify for a couple of different exceptions.

So like $200,000 (donation) x 2.5=$500,000(deduction) these can also be used over a couple of years for deductions going forward.

I know a couple of the Realtors on the team at Suncoast Property Management, Acquisitions & New Construction Manager, Gretchen Kornutik, REALTOR® - Good person.

I'm an investor with a couple properties as well as a CPA. 

If they can build a larger home and sell it for the same or more rather then building a couple small homes why do it?

.- Payments to investors are automated, so rental income is distributed directly without much hassle.What I found interesting is that this solves a couple of common issues:- Property owners can raise cash (for renovations as an example, or any other need) without giving up control of their property.- Investors get access to real estate cash flow with lower costs and no landlord responsibilities.- The whole process is simplified—no co-ownership legal headaches.I’m curious about the pros and cons of something like this.