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Of course, the size of your mortgage impacts the amount of ownership you actually have in the property, but you control it the minute the papers are signed. The partners could obtain periodic distributions from earnings generated by the RELP’s properties, but the real payoff comes when the properties are sold—with luck, at a sizable profit—and the RELP dissolves down the road. Much like common dividend-paying shares, REITs are applicable for buyers who want regular earnings, although they offer the opportunity for appreciation, too. Instead of buying a property and fixing it up, you buy in a rapidly rising market, hold for a quantity of months, after which sell at a profit. Still, it can be tough to determine the best lease because when you cost too much you’ll chase tenants away, and if you cost too little, you’ll depart cash on the table.