A line of credit is adjustable rate with interest only payments that will have a "draw" period usually of 3-5 years for investment properties (usually 10 years for primary home) then will amortize over the remaining term after the draw period.

Multiple people had some bad things to say about the area, but when I moved and realized that it was a low income area with a lot of homeowners, I was motivated to improve the property to match the effort my neighbors have put in. 

Seeing their success is a powerful motivator—and it’s giving me unique insights into what’s working (and what’s not) in this field.If you’re sleeping on industrial real estate in smaller markets like Rochester, you’re missing out.

New inventory and relisting rates have actually declined month over month which is allowing to pricing to remain elevated.

Are there any creative ways you’d recommend for me to identify and approach motivated sellers or uncover foreclosures?

I do have reserves to cover contingencies.Let's just say, I'm satisfied with those numbers.Had I had to use a bank, I would have had to put down 20% for $33,000, plus closing and my payment on the remaining would be $1400 PITI including HOA. 

I also understand that some cash buyers, unlike many of those motivated by greed, are honest and knowledgeable, however I find it difficult to identify them.

The seller must've been very motivated to retire...are you buying any residential properties now or does this project pretty much consume all of your attention these days?

There are many ways to remove a tenant, but it requires knowing what motivates them.

What's your motivation to get into real estate investing?