We're clueless about concept of cost basis or tax implications, so $20k isn't paid out in escrow.

Sounds like an interesting concept, and a good way for a student to get their foot in the door.The compensation sounds very appealing, considering that it’s a student/mentor type of role.Overall, it sounds appealing and straight forward.

Do any of my BP colleagues have experience or more info on a concept that I will refer to as equity loans with equity partners?

Just to be nitpicky, I would separate the concept of NOI from what I would call “Cash Flow.”

My comment is intended to deflate the concept that a National Average NEVER apply to specific cases - - eg: American's have 2.5 kids - - quite impossible isn't it.Numbers I cite are operation in my market, my region, true and reliable enough to get a full price offer in ten days. 

As those concepts make their way to the boards those with more experience, even to that of the podcast participant, end up commenting on the board topics in an effort to bring reality back to the table.  

Lots of confusion around this concept but when done right, its truly incredible what you can do with SDIRA's!  

I really like the concept of a "lifestyle business".

Nice concept but I doubt it will be enough to drive up anything.  

With vinyl you can do open concept much better since it's waterproof (open kitchen with same flooring as adjacent living area).