The Safe act, Dodd Frank act, Jobs act, Obama, etc, and some of the other regulations like DFI, Department of Financial Institutions and the SEC.In my state there is no hiding from them in a LLC or LLP.

Thank You to the staff, contributors and frequent forum participants for sharing their insight.Kind Regards

In the severely depressed markets mentioned in recent articles the home price recovery, institutional asset managers have been buying-up the available inventory of single family homes 'in-bulk' hoping to succeed in the unproven institutional single family home 'REO-to-Rent Strategy'.

Just not as many participants as in the other parts of the country.

The optionor agrees that in the event any lending institution requires an appraisal by a certifed appraiser appointed and such appraisal determins a market value less than the agreed sale price the Optionor agrees to allow a credit of the difference between the appraised value and the agreed sale price to the Optionee at settlement. :)

Do you make loans to others with a profit-participation feature?

Now Seller Financed notes aren't my specialty (I prefer institutional), but I do have a lot of friends and colleagues that work in the space.

The unit that you used as your primary residence can not participate in a 1031 exchange, but since you bifurcated the sale, the rental units can participate in a 1031 exchange.If this does not answer your question, please ask again.

Joined BP today and I am excited to expand my network, learn from others, and participate in the discussions!

I surmised very quickly that the rehabbing mkt her is not great (if I participated, I would have done it with a couple of other guys that are very experienced).