Based on 27.5 yr straight line depreciation, that's about $1,700 of missed annual depreciation; $25,000 over 15 years - and at an ordinary tax rate of say 30% tax could amount to $7,500 off my current tax bill. 

My question would be is a 6 cap the going rate in the area for that building.

An optimized texting campaign should be getting 1% lead rates - meaning if you send off 500 texts, you should get 5 leads back.

I do like the idea of a check and when she pays closing costs ($515) for the title company and I'll pay attorney fees I'll have her write a check and get a copy of it. 

The best approach is to set clear, written criteria, and then price the property at a rate that gets you enough applicants that you can find a few who meet your criteria reasonably quickly.

I think this depends on your risk tolerance and your interest rate.  

Based on what you described above, it sounds like he used all the tricks he learned presenting on behalf of Dave Lindhal, just now in his own mentorship program (I.e. sponsor deals for students, crazy acquisition fees, big pressure sales pitch all throughout, etc).

The trust would also acquire the new replacement property. 3) If you are renting the property to a related party, please keep in mind that it should be at fair market rental rates.  

Is it high appreciation area with a low rate mortgage?

@Loren Souers I'd have to run the specific scenarios with the rates and fees, but if you're OK with paying the higher closing costs, the Mortgage 1 deal looks good, particularly if you focus on CoC returns.