But I look at lots of commercial stuff like that that is a money suck if you have the capital to keep it floating for several years and may just then be profitable because you can sell it to someone else for a higher price.Now, if you can buy it for $200k on owner financing or better yet pick it up for back taxes then you have something.

My tenants have been in my properties a long time so I have been able to bank that money as extra profit.

@Tom Smith easily attainable if you invest it correctly.In syndication for example, the standard is an 8% preferred return (the limited partners receive 100% of profits until 8% annually is met), 70/30 split thereafter.

How to maximize your profits shown on paper as your “ARV”.

I am looking into strategies for this situation and wanted to look into the idea of selling the home and subdividing the land.I am not entirely sure how the subdivision process goes so I am looking for explainations or resources on that, as well as how to analyze the potential profitability on subdiving.

They’re worried about not profiting as much since they have the payment!

We are agreeing to split profits 50/50 not including her broker's portion.

At the end of the day, you are investing to make a profit, and you will be taxed on that profit regardless of whether or not the profit comes as normal interest or return of discounted portion of principal balance.  

I"n a flood zone can push your numbers to apoint of bare profitability. 

What if your partner funded the purchase and you funded the materials and provided the labor then split the profits?