The math doesn't work but people can't follow along with the basic accounting principles and are unable to see the glaring plot holes that make the method unusable.Further, there isn't anything overly special about being able to borrow money from an asset you own while still retaining the asset itself and having the asset continue to appreciate in value (infinite banking allows you to borrow from your life insurance). 

This is definitely a great idea for retaining tenants and showing exemplary empathy while you do it.

What steps do you take to retain good tenants?

I too am new here although not the youngster Bill apparently is and I too did a stint at Boston University although the result was not quite so stellar but that was over three decades ago and I've learned a lot since then.I am thrilled to have found this forum as I begin to develop my Investor muscle.

There is a great value to the FD and I believe the distinction between a conveyance of full interest (land included) is unsupported given the fact that people can donate property while retaining a life estate - but, the law appears settled.

I am thinking that I will need to retain an attorney for this.

Yes haha we sold those 24 units about 6 months ago and we still retain management!

I retained the property on two of the locations, which I leased back to the new collision business under a Triple Net Lease with approximately $4500 -5000 cash flow monthly on each location.

When it's done we either refi and get everyone paid back while they retain their equity, or their money stays in and the property just cashflows better. 

I negotiated with a seller and got him to finance 20% of the purchase price on a 12-unit building and had the Bank do an 80% LTV which allowed me to retain all of my operating capital.