but you will have appreciation and equity paydown, but so would any property you buy with financing.  

Not exactly sure what Safeguard does but if they are originating notes for owner occupied properties then they need to follow the Dodd Frank rules and anyone buying such notes should make sure they did.  

It justifies the property selling for greater than just market appreciationI do owner builder rehabs but sometimes use contractors for large work scope or scope beyond expertise.  

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Bronx.

Purchase price: $640,000

Cash invested: $220,000

Purchase price $640,000
Got it at this price because there is a no...

We do the leasing for them, but once we get the tenant in place, turn it back over to the owner to manage. 

I find distressed properties but, never know what to do with them.

I have always wrote my own contracts using online templates and I have been asked to write an owner financing contract for someone else.

Does anyone have any referrals for property managers in the Los Angeles area who specialize/ have experience in mid term rentals? 

We live in Texas, a community property state, and are 50/50 owners.

Or are you just going to hire your own subcontractors as an owner builder?