Had a company that AHS sent over last year that replaced a heater, no issues.Different tech this year, same subdivision, different property, same setup (no pressure reducing valves and no pressure tank), and tech claims it needs "Sediment trap, expansion tank, T&P modifications, and permit", essentially more than what AHS says the new tank itself is worth.Figured I'd ask here if anybody knows the exact regulations, because the tech seems not to want to explain anything other than "We can't tell you by law, only American Homeshield can, we've told them what it needs".

Can someone briefly explain how real estate loans works?

Have your real estate attorney, whose familiar with your units (I'm not, and it does make a difference in terms of requirements), explain it to you.  

So on 14% if you invested $100k you would get $14k back every year in distributions.IRR is a bit difficult for me to explain and I would advise doing some Googling until you fully understand it.

@Stephanie, can you explain what a portfolio lender is?

Hey can someone help explain the financials in this deal I'm pursuing.

But even in this instance it feels better and provides a more explainable paper trail for the inexperienced IRS field agent if you complete the exchange in the same name and then contribute.

I explained to him that I have to receive a mortgage and promissory note before signing over the deed to the house.

And explain to crazy sellers "No, your property is worth $X, not $Y, and these are the reasons why...". 

I plan to use a VA loan when I leave active duty service but since that isn't an option for you, find and listen to podcasts the guys do with guests who explain what they have done in the past.