That said, complying with local ordinances and ensuring the lot isn’t in a restricted area will be key.

Keep detailed records of payment dates and amounts and consult a tax professional to ensure this strategy aligns with your overall tax planning. 

The project reaffirmed the value of leveraging partnerships and financing creatively.

This is the only way (currently) to ensure reviews and listing goodwill are transferred to the new owner, which adds value in a sale.

Quote from @Dan Grove: Hi friends,I'm starting to build a portfolio of long term rentals using creative finance. 

With your balance sheet and cash, you can put together creative deals without giving up equity and without using your cash but you are going to need to find a market and product which has 7-8% cap rates.I invest in the northeast, Great Lakes area.Diverse economies with education, healthcare as the back bone and tech as growth.In your area, you’ll have to raise way more capital in the form of equity just to meet DSCR with the banks.

The key to success lies in ensuring you're entering the market at the right value.

What are the key areas I should focus on to ensure I have the right people in place?

Sometimes they can find creative solutions or know the right way to present your case to get approvals. 3.

If rates improve slightly, a cash-out refinance could lower your mortgage rate, but ensure the numbers work with your long-term goals.One thing to consider is your return on equity (ROE).