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Updated over 2 years ago,
![Marcus Sensenig's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1844587/1633011966-avatar-marcuss147.jpg?twic=v1/output=image/crop=3987x3987@797x0/cover=128x128&v=2)
Buy and hold long term rental property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $58,000
Cash invested: $18,000
Single family home held as a long-term rental and managed by MidSouth Properties.
What made you interested in investing in this type of deal?
It is very close to passive income since I do not manage it and have never seen the property.
How did you find this deal and how did you negotiate it?
I signed up as an investor with MidSouth.
How did you finance this deal?
25% down financing
How did you add value to the deal?
none
What was the outcome?
stable cash flow