I did account for mortgage, taxes, insurance, repairs, vacancy, etc.

I just want to understand realistic comparison of reg sale vs reasonable and maybe more attractive seller financing structuring taking into account future short/intermediate term interest rate trends and Time value of money (that I am a fan of learning more).As a side note, being a health care professional I am amazed and always puzzled by financing and real estate.

        Your cabins are or are not profitable, accounting for property management and your deductions as an expense? 

Whether or not your "friend" should do business as herself or not would be a question for there accountant. 

I would rent and not have a personal loan on your own house should be that all of your monthly expenses  plus a million dollars are in your savings account. 

I've heard about a LOC a few different times that gives you 5x your liquid cash and/or assets.For example if someone had $100k in their savings account they would have $500k purchase power.Does anyone know anything about this loan program or have more details on it?

@Grace Perez We are in Skagit and use Legg & Watne for our taxes, but I don't believe he is a real estate specialists, but does just fine in our small real estate business and is a great accountant.

It doesn't take into account any financing.

Account Closed - There is a ton to learn! 

I’m from California, so do you think I should account for anything extra?