@Oleg Shalumov I guess that sounds like a safe bet to look at the current rents and if we can raise it eventually then great.Thanks for your help!

The pool was in a terrible shape and need to fully get plastered and redone to make it safe and had to change the pump and the whole setup.

I’m fortunate to work with a local Agent that is just incredible, all our transactions have been smooth and on-time, not a single issue.

We have had some tax lien investors buy from us tax liens so they can do their transaction.

not sure how you can do a transaction with a deceased person?

I can help with any type of transaction or loan.

Consensus builder; highly adept at constructing transactions that benefit all parties.

Just because we have a common uniform instrument in GSE's documents doesn't mean all loans use those nor does it mean all transaction types warrant those.  

However, I get what you're trying to do in order to be able to just print off a balance sheet to show your Net Worth.I do disagree with your CPA about putting in an offsetting liability as this still will not get you what you're looking for.Instead, I would create a separate asset called "After Purchase Appreciation of Asset" and debit that for the increased value.I would then create an Other Expense (Not an Operating Expense) and I would call it "Non - Taxable/Non Deductible Transactions". 

I would buy them if my rentals were not in pretty safe areas.