I checked on my neighbors land vs improvement value and generally it seems like their improvement value is higher than their land value.I haven’t called the assessors office to dispute that because I want to know what makes more sense: to depreciate more on my taxes or to increase my property tax bill.If I understand correctly, depreciation is roughly improvement  / land value * purchase price?

Please correct me if in error but unless you fix the crime, salary, and schools you may have a challenge renting all these new high end homes you just spent millions on.

I can also arrange a free webinar if there is more participants interested in learning about the correct way to do owner financing.

You are correct that you now have a $300k loan that needs to be paid.

He's partially correct, but I think his info is incomplete.What he is probably describing is what happens when the lease and the option are all one document, one agreement. 

Considering how it's a seller's market, I think I'm assessing homes with potential correctly?

Howdy @Jenna ColumbusI totally agree with @Dan Cournoyer if your ARV is correct this would make a good BRRRR deal.  

I hope you have done your ARV and rehab costs correct.  

@Aaron Taylor Very common issue and it is company specific as @John Mocker states.I'd say 9 out of 10 of my clients have a different Umbrella carrier than who is insuring the rentals.Having different insurance carriers will not cause headaches in the future as long as both companies are fully aware of how the properties are titled and the Umbrella lists all of the named insured's correctly.

I hear a lot of people talking about slow downs or corrections in RE.