So you are being offered a 100% risk free offer to make 71% of what investing in the stock market would make you long term just by leaving your money in the bank.  

Some states allow tax and fee free transfer between spouses.

Generally speaking in partnerships, and in all investments, people are looking for the best risk-adjusted returns.

Feel free to contact me.Welcome to California, and to the BP community!

Feel free to check back in with me.  

It seems like a bunch of people are using Batchskiptracing and claim the data is good but I just saw that deal machine is now including contact data for free.

I believe a BP Pro subscription gives you free access to RentRedi, a property management software that plenty of investors use to self-manage. 

I'm looking for a way to make it happen, without exposing myself to undue risk.  

I would also point out that it's unlikely the rates will come down close to 2.99% within the next year, so sitting on the sideline for years is a risk in of itself.Alternatively, you could get a 2nd mortgage that would allow you to keep the first mortgage at 2.99%.

If you're comfortable with a smaller percentage for expenses, change this part of the calculation - just realize you're ratcheting up your risk exposure on the property.Divide the net operating income by the prevailing interest rate (5%?