Single family rental near hospital

[Gregory Cornelius]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $130,000
Cash invested: $10,000

Purchased home close to a large hospital to rent out as a buy and hold.

What made you interested in investing in this type of deal?

Seamed like a good way to rent to higher quality tenants that are doing a residency at the hospital.

How did you find this deal and how did you negotiate it?

Found it on craigslist and spoke to the owner.

How did you finance this deal?

Owner finance