It's been one of the simplest and most profitable investments in my RE portfolio.

Mark Updegraff - If you get a job at BiggerPockets or become an investor in the company, I'd be happy to provide the ingredients to the special sauce, but otherwise, we're going to keep that close to the vest so as to avoid what happened with the last system.

I think you are forgetting some key ingredients here.

For long term holds an LLC with an operating agreement is probably the simplest way to go.

If not, paying the taxes may be the simplest way to come out and not forcing yourself to do something you aren't in love with.

Nicholas Layton because it’s the simplest to calculate but does not mean it’s correct.

Finding a neighborhood where you feel comfortable working with clientele that fit your personality is an ingredient to success for any type of real estate investing endeavor. 

I've set up a dozen LLCs over the past 20 years so it's not that big of a deal, just that I already have 6 going already, trying to determine the simplest method with the most protection.

Numbers can be massaged and inflated - you need to know what ingredients went into the recipe to know whether or not you want to eat it.Anyway, it looks like a lot of the finer points have already been made here, just thought I'd throw my two TK cents into the fray.All the best to you all, investors, providers, and skeptics alike!

The simplest form of seller financing is where the seller owns the house free and clear, and agrees to take payments from the buyer rather than getting the money all at once.