I can't imagine conversion rates are too high.

Michael Klinger Indianapolis is a great play, and with your potential tax implications you need to have a conversation with Eric Gaudio

I definitely feel your pain and many of us have had this same inner conversation.  

Sean,Thanks for joining in the conversation.

You can answer here because I feel it will add to the overall conversation.

What I took from the conversation was to check to see if there are any exemptions on the properties.

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I appreciate the feedback from everyone, Im working the quit claim deed option now.I hadnt planned on using this as a forum to analyze the deal but since it appears to be the topic of conversation I will share what numbers I used to analyze this property.Purchase 80k with commercial loan 25% down, 20yr, 5% apr (P&I : $395)Per month cost:  tax - $80, Ins - $80, vacancy $70 (8%), maint $45 (5%), PM $90Notice no CapEx because I plan on keeping $5,000 in the LLC's checking per house to cover this.Rent $900 based on Zillow, Craigslist and the Basic Housing Allowance for a E-5 (target renter)FMV: Conservative $110k (recently sold houses on zillow average 120k)Cash out of pocket ~25k, Cash flow per month $140 ($1680)   =>  6.7% return on investment, not the best but better than what my Etrade is doing right now.IF I refinance 80k, P&I - $528, I will be able to pull nearly all my money out of the deal but kill my cash flow.  

Deals are people.Marketing and advertise to be able to have conversations with people and offer a solution to their problem (Communication).

Now if you are value adding actively, adding rooms, modernizing and flipping, condo conversions, redev etc...that is another ball game and again hard to compare to stocks.