At the end of the day, I'd say use the capital in your house now with the hope of receiving income at a later time.Hope this helps.

Is there a standard agreement to transfer the purchase of notes receivable to my name?

I didn’t even know BP had a section with contracts and documents.

Does anyone know if its legal to do this in the State of Oregon, i have tried to contact real estate agents and have been told that they would call back and still havent received that call.

I believe these pricier homes receive less mail than lower valued homes, since high value aren't the 'typical' target of investors.

I emailed off a 3 page pre-screening document to prospects asking them to fill it out prior to our meeting. 

If someone wants to borrow money from you, and you want them to use the equity in their home as collateral, then I agree, you can have an attorney draft up the documents and the person who owns the home can sign a deed of trust putting you into a second position on home they own.

@Andrew Merewitz ,When you do like-kind exchanges, if you really want to free up the PAL, you can structure a transaction to receive a boot(including cash) in the 1031 transaction.

Read an article about a Texas home being sold for bitcoin, and this gave me an idea.I personally don't buy into bitcoin or any cryptocurrencies, but I see an opportunity of turning crypto into cash instantly.Sellers can pay a premium for accepting crypto transactions for their listing, but will receive premium price for accepting crypto from buyer.

P.S not interested in hiring a Broker, because giving them 10% for a lease renewal will actually cost me more than the amount I would receive due to the rent increaseThanks,Cramer