This particular concept of Equitable Interest - having it under contract with no way to close - is being contested in the courts in several states because of people who "cloud title" just so no one comes in and steals the property from underneath them. 

@Talha Makki, welcome to the concept of being a Landlord.

The advantage is several including relationships, scale and forced appreciation which are concepts that can add value and separate syndicators from those investing in SFR or small MF.   

At times I get frustrated because I always took myself as a smart guy, that can pick up on new concepts well.

It's an easy strategy to understand the concept of, but hard to master.

Not really the same concept.

The reason many investors, new and experienced, have trouble here is they don't know what generates this criteria...and they don't understand the concept of reverse engineering, to solve any problem.

Unfortunately my wife isn't interested in the concept of house hacking and doesn't feel comfortable having our own tenants as neighbors, so that's off the table for me.

Rents range from $1100 to $1600 and we have applied that concept at both ends of that range.

We buy As is where is properties and rem-mediate the structural aspects to obtain insurance then sell for modest profits.I am looking to adapt my concept/strategy to the Tampa bay market with regards to sink hole properties.