I did this last year actually on a second.Another caution here, speaking of just buyer notes, as Dion like to mention "class" there is a difference between loans funded with cash and obligations as paying equities and purchasing equity notes can complicate the flavor as part may become viewed as a cash obligation to a point (when purchased at a discount) and the equity amounts of the unpaid balance.

Look for expired listings, properties with a history of being on the market, high DOM count.Does an ice cream store only sell the flavors?

OTH, it is not secured by title necessarily but certainly takes the flavor of an installment sale like a land contract.Regardless, IMO, these Acts will be the new base line from which to judge predatory practices regardless of whether or not a seller is required to comply.

Columbus to me offers the best combination of cost of living, property values and vibrant social scene.

Now, when an equity contract is purchased then the flavor changes as there is a cash outlay and that can impact the treatment of securing collateral and servicing.

There is a pretty high concentration of colleges in this town (considering it's just a mid-sized city), there is a large base of medical research and specialized hospitals in GR, and we've also got a quite a few unusually generous philanthropists who have given billions of dollars to various projects over the past 30 years - all of which has served to create a very vibrant downtown area and generate a lot of business activity in the region.

Between the buyer and seller, those "life occurances" that mess things up were rather light with only two mentioned, death and bankruptcy with the reaffirmation of the debt agreement, being a good thing, if it's accepted by a trustee.Considering the marketing flavor, excepting that out of the information, considering he is an attorney, I'd say it's a B-... understand I'm speaking as to RE financing and not his legal opinions.

My goal is to buy 3 - 4 houses in the next 3 years to help me retire when I reach 47 years old.Thanks to everyone who posts and keeps this forum vibrant and growing.Brian

Age, size, rent level, location, market and government all influence the time required.Age is obvious and has been mentionedSize of the property, the bigger it is the more time to make readyRent level, higher income tenants usually take less time to deal withLocation, driving time, meeting tenants, repair tripsMarket, higher vacancy takes more attention, ads, applications, etc.Government influences, code requirements changing, the flavor of the courts and evictions and civic actions involving your property can chew up time.Each property is unique, each tenant is different, your time expensed will be a guess at best.

The more specific you are, making what many might believe is the perfect lease begins to take on the flavor that these are the rules and what I'll keep deposits for.