Here are some key elements to include:Lease Agreements: Ensure your contracts reflect the latest laws, such as notice periods for entry or rules around security deposits.Fair Housing Compliance: Familiarize yourself with federal, state, and local fair housing laws to avoid discriminatory practices.Property Standards: Regularly inspect your properties to ensure they meet safety and habitability standards.Tax Documentation: Keep accurate records to comply with tax reporting requirements.4.

Loan Security: The property will serve as collateral for the seller-financed loan.

If you have that experience, you probably don't need much marketing, as sellers will be reaching out to you directly.Focus on securing one listing at a time and building momentum.

It may feel cumbersome, but their diligence reflects the level of security and service you can expect once onboarded.

Sellers may struggle to mentally shift from "owner" to "tenant," which can create challenges with boundaries and property care.Security Deposit:If you’re doing a temporary leaseback, be sure to collect a substantial security deposit to cover potential damages and ensure they vacate on time.

It’s a smart way to dip your toes into investing while securing your first home.You’re not being too ambitious at all!

This deal, i used my first successful buy and hold property and pulled a HELOC to secure financing and reserves.

2.Are there strategies to reduce the required down payment or secure better mortgage terms?

Which one is more appealing - continuing to own the house or the security of that much cash/liquidity?

Streamline your communication process to secure quality tenants.Focus on QualityThe condition of your property matters more now than ever.