When your tenant stops paying and communicating, who will knock on the door to see if they still live there?

My profile has my YouTube channel and I have an episode that shows you exactly how to create the comp set and look at amenities that matter, what others are paying for cleaning and how other listings look - that way you can see how to best market your property. 

@Bonnie Low - it's important to know what services you're paying for.

What would I need to do to structure the note in order to have a note buyer come in and buy the note or buy a partial enough to pay off the 215k at closing and still have some difference coming to me or the note revert back to me after the partial was paid for. 

Each former member is then free to either do a 1031 on their % interest or take the cash and pay the tax.The opposite manuever was more common until around 15 years ago. 

95% of the time we get the seller to pay for the warranty.

HCV in the area pays $2,200.

The struggle comes when you plan to sell, pay close attention to how the bank would treat the loan in the event you would sell.Even though its a bit more work, banks are typically open to these loans as it provides them with additional collateral in the event of default.  

That way you have it available but aren't paying on it right away. 

That means paying all cash isn’t an option unless you plan to bring another $600k to the table. .