The seller may not want to do this, as many of these guys are benefiting from the tax deferral which comes with NOT moving title over.

I've done it at times, sometimes 6 figures, but always do it so that there's no tax burden on my recipient.

AssetsAsk yourself: Do I want cash that depreciates with inflation and taxes, or do I want to build wealth?

(This is what we do, no upkeep,  and we love the 10% down, plus cash flow, principal deduction and tax write offs) Some of our investors use their SDIRA or 401(k) or pension to do this.4.

As you alluded to, sometimes a passive note investment purchased for monthly payments “goes south”, and becomes an active participation investment, with plenty of additional capital required for legal fees, forced place insurance, and property taxes.  

Connecting with local investors and real estate groups can give you first-hand market knowledge, and considering factors like flood zones, property taxes, and HOA restrictions will also be crucial to making the best decision.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Focus on cities with favorable price-to-rent ratios, population growth, and employment trends, such as Des Moines, Oklahoma City, and Charlotte, while considering factors like landlord-friendliness and property taxes.

$60k profit pre-tax.

What's even more frustrating than asking the IRS help desk, is asking a Turbo Tax "Tax Specialist".