I'm personally not a fan of no cash flow.  

Or if they want a high-interest rate, and your numbers will not work at that interest rate, or if they really want a crazy high price where it will be difficult to cash flow and refinance in the future.

That's awesome you're looking to earn some extra cash and learn something new!

The last thing I want to do is deploy a large amount of cash to buyout my spouse only to then have the lender raise my interest rate to today's rates.

so your saying can't legally do a double close in denver with no cash of my own?

I may be selling a property in California and cashing out of some equity in which I want to put on my next investment property.

Being upfront about it gives them time to decide.

How YOU will be protected in the event that the project goes south and you need to be reimbursed.Is this a cash or financed transaction? 

By accelerating your depreciation schedules, you reduce your taxable income which in turn increases your operating cash flow.

You will be negative cash-flow of $12,000 on an annual basis which has a negative cash on cash return.