Wholesaling, like any real estate investment, has positives and negatives aspects.

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Finally, in the event of default, as we work through the grace period we could get the deed recorded in our name before we sought a new buyer (if we couldn’t get the current buyer back on track).Obviously I’m getting the sense no one here’s a fan of skipping recording, I’m just wondering if these additional aspects change the calculus for you at all. 

The newer more renovated houses will continue to rise but I feel at some point mine will appear as an old dated house that somebody looks at and will want as a cheaper place to fix up and renovate.Other than this, I don't really enjoy the out-of-state investor aspect of relying on a property manager when this was always a hands on investment for me until I moved away.

I am up in the South Hill area and not in the valley so it may be impacted less in that aspect. :)Speaking of Mt Rainier, I just summited this last July and highly recommend!

It is a great place to meet new friends and learn about various aspects of real estate and more.Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/usersWishing you the best!

So the requirement must be from some other aspect of the deal....funds are coming from a 1031 or SDIRA etc that is driving this requirement.As far as the contribution/buy out idea and being dilluted, I don't see how that is any different than your original proposal.

I have yet to see regulations in any aspect lead to good or an improved state of living.

Tax optimization is a powerful aspect of investing and most people don’t take advantage of all the options.

@Claudio Garcia Zuniga, there are so many aspects that I can highlight, but long story short, renting the home will be way less of a hassle than rent-by-the-room; however, your return will not be as significant.