2) How to setup/negotiate the monthly rent amount that goes toward buyer's equity/purchase price.3) A total refinancing disaster when working with national banks (I heard stupidity such as "According to Fanny Mae, a house in a lease-option is as good as a house currently on the market from a refinancing standpoint"4) TAX: Rent is a taxable income but what about the rent portion that goes toward the purchase price once the option gets exercised...How fully leveraging 1030 exchange in that context.Hopefully, some interesting elements here.My 4th day on BP, yeah!

Of course my 1031 exchanger referred to their attorneys when I asked these questions.  

I once had a property manager try to convince me it was normal to just give the lockbox code to the prospective tenant in exchange for their credit card number so they could view the property without the PM getting off his lazy behind to show it.

I don't think that's really unique to Elite though; just to this investment style in general.I think I recall Elite saying they occasionally have existing investors that find themselves needing a quick 1031 exchange, and if there is no inventory ready for immediate purchase, they sometimes broker that type of sale between their customers.Beyond that, I'm sure it's appealing for folks that live in that area to be an owner-occupied landlord.

What you are doing: (8) Assists or directs in procuring or referring of leads or prospects, intended to result in the sale, exchange, lease, or rental of real estate.

You offer to start paying his debt and bring his loan current in exchange for a deed. 

@Scott Smith If you live in California  and are going to have multiple rental properties out of state do you think setting up a Series LLC outside of California since California does not offer Series LLC's and then filing as a foreign LLC in California is a better option than opening multiple LLCs within California?  

Securities and Exchange Commission.Chad Deucher, 42, misled more than 250 investors across the United States by promising them their funds would be used to buy properties and would net them guaranteed returns, the SEC alleges.Instead, their investments were used to pay off previous investors or to support Deucher's personal expenses, including a one-time mortgage payment of more than $84,000 in January 2015, according to the civil complaint filed Jan. 19.U.S.

The services again are:1) CPAs2) Real Estate Attorneys3) Property ManagersI hope they will be well-versed with foreign nationals and foreign corporations and able to advised on the tax implications relating to the foreign nationals and corporations.Thanks for any help guys.

A 1031 exchange using one of your equities4.