Conversation in local Bar, say I would pay all CASH How did you finance this deal?

If it takes you two months two find a tenant willing to pay $1,700, then you'll still basically break even in the long run - the net to you is the same. 

From what I've seen in this area right now, it seems like you'd have a hard time paying market LTR rents and making a good spread. 

It seems more your fault for choosing the "lying" contractors from the tenants point of view, if you ask them to pay up, I'm sure they would.

Please don't believe the hype of these gurus and for the love of god do not pay for their courses.

Location and paying attention to Nathan's points above about the immediate area are more important.

Now, you need to figure out how to find deals and pay for them.

Hello BP,The Producer Price Index (PPI) is a valuable metric to monitor, as it measures inflation from a business perspective (what businesses pay for services/goods) that isn't always reflected in the Consumer Price Index (CPI) or "inflation" which is commonly discussed in headlines and among other investors.

See if you will have to pay for recapture.  

If you have a buyer's agent, you should have already signed a buyer's representation agreement and that fee/commission is disclosed in that document so you should very well know what that charge will be.If you were the seller and going to owner finance the property, what would you want to see from the buyer that tells you that they will be able to pay the mortgage moving forward.