ALWAYS ensure the contractor walks the property with you or the realtor and a CLEAR scope of work is defined.

Many investors run into bottlenecks in deal flow, funding, or renovations when they try to grow without a solid groundwork.

Should I be looking for selling all or a portion of the note? 

Quote from @Jake Handler: For anyone that has been a buyer or seller of a seller finance property, what method of payment and tracking did you use for buyer to pay seller monthly? 

My focus leans more toward equity appreciation than cash flow, and as a rookie investor, I’m aiming to put aside about $25-30k for investments each year.In the meantime, I’m looking to connect with like-minded folks here for mentorship, partnerships, apprenticeships, and even collaborations.Would love to hear your thoughts, advice, or anything you think might help as I continue piecing everything together!

Let me know if you need help connecting with local resources or tools!

They are responsible for repairing it, whether they have insurance or not. 

After that, we are looking to buy maybe 1 or 2 more SFH this year. 

I was wondering if anyone has any experience developing or owning something like this.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.