There is a lot of essential information on BP and helpful members.  

I used to be with Equity Trust but when they essentially said I could not have a checkbook LLC, I moved to Sunwest Trust.

That principal portion paid by the tenants is essentially an increase in your equity in the property therefore you add it back.  

I thought because you essentially own the house refi it worked more like a home equiyty loan

Since I am not local, I have been working on a co wholesale basis with a couple of other active wholesalers, essentially bringing my buyers to their deals.

What I can tell you is that we could essentially close our doors and it does not mean your investment goes with us!

Properties on the east coast and west coast double every 7-9 years and mid-west 12-15.. so if you are planning to hold this till your golden years and have a 30 year plan the property will double and double... essentially making it worth over $700k.. and dont forget a tenant paid the debt down to $0. so now you have an asset worth $700k ( I am not good with math so I am sure someone will tell me my numbers are off, but lets just say "A Bunch of money") that you owe nothing on.. 

In California, landlords may charge any or all of the following:Pet security deposit (although this is essentially the same as a regular security deposit)Pet fee (one-time charge)Pet rent (recurring charge in addition to regular rent)In a typical situation, landlords will increase the security deposit and add pet rent.

So essentially paying 177k for the triplex.

Are you saying that the mental conclusion that a seller makes is essentially what determines whether or not I could get in trouble structuring a deal with them without proper licensing?