When I show them the math, that is about a 1.5% ROI; they are losing money against inflation.There used to be a HUD report online from 2013 that described the area as an opportunity, having insufficient housing for people who need it, etc.

The situation you described above indicates that the properties are pre-foreclosure.

As described, my father passed away last June unexpectedly of a heart attack.

What you describe is esentially a lead funnel and you loose numbers on every step towards the end, so that's quite normal.

I am still standing by my comments saying that usually you don't hold real estate asset in a C or S corp in the buy and hold situation described by the original poster.

There is not enough present value or upside in what you are describing in that scenario, and you pointed that out very well by your calculations.

Project Summary | 8-page summary of the 12 key proposalsVolume 1: Staff Report and Map Amendments | Report includes introduction, analysis of 12 key proposals and map amendmentsVolume 2: Zoning Code and Comprehensive Plan Amendments | Report includes amendments to Zoning Code and Portland Comprehensive Plan Appendix B: Revised Economic Analysis on the Proposed Changes to the Single-Dwelling Zone Development Standards | Memorandum, Dec. 5, 2018, from Johnson Economics LLC describes economic analysis methodology and findings for the Revised Proposed Draft.

The problem that is being described in this forum is very real.

What would you personally describe a deal when it comes to wholesaling?

I have one last question, as far the capital gains portion many posts I have seen said the capital gains worked as you described and then others refered to the following section on IRS Publication 523, page 11 where it talks about a bedroom rental and office space being ok and argued that capital gains wouldn't apply.