BP wouldn't be what it is today without people like you that give of their time.

(That line "wins" the Internet today!)

I can offer free labor (I learn best by doing) and I learn fast.

I've listened to podcasts, purchased and read a few books, joined a few Meetups in my area and am learning at a quick pace. 

It’s all about selling the benefits of this structure, and it works best if they don’t need all the cash today.

However, in my opinion that is much more of a business than a passive investment because there is a lot more day to day involvement (i.e. cleaning, advertising, changing rental rates based on day of the week/time of year).

Thanks everyone, got it done today. 

I think we were lucking to sell as fast as we did.

This will give you an option fee up front, it will also get you a premium on the monthly rents because your going to factor in the rent credit over an above the normal rents, and lastly, this will get you an appreciated sales price because your going to base it on the anticipated value in 2-3 years versus today's value. 

Fast forward three years and soon leaving university for the real world, I am now considering refinancing the loan (17 --) 30 years) on both properties in order to buy a third and/or fourth property.