[quote=spdrun]I’m not seeing much of a discount in the Florida deal.[/quote]

How big is the discount if you don’t need to use your capital to buy it and I give you near zero financing and hand back terms if the deal does go bad?

In other words: I’ll give you the down payment, I’ll give you the points to get a near zero loan and you can give it back if it’s a boat anchor.

For this, I get to ‘sell’ it for market rate, now my balance sheet looks good!, and if you make boatloads of money on rentals, I get a small slice of the profits.

That’s what previous analysis I’ve seen shows. Can’t vouch for the accuracy of their data though.