We can pay the contract early and get access to title earlier if we want- Property is in a very desirable area of town and I'm not worried about it getting rented. - My wife and I have very good jobs and I have no doubt we will always pay our dues to the seller, even if the property doesn't rent for 3 years- The seller (an LLC) has done multiple Contract for Deeds and has their process down.

@Alton Pettit Another strategy you could consider is Mid Term Rental on a multi-unit, especially in desirable neighborhoods.

This area used to not be desirable at all.

The more motivated someone is, the more pressing their desire to find a solution to their problem themselves.

@Millie Leung have you tried clicking on the “Build My Team” tab on here and the “Find a PM” in your desired location, reading the reviews, and then contacting them?

However, both are great homes in desirable parts of town.

This is one reason I always advocate commercial loans (where the loan officer has a little more say and flexibility) and using the same bank as much as possible, so your relationship can give sway when less desirable situations arrive.

It can be a great strategy especially if you are in a desirable area (which it sounds like you are).

Assuming an average 8% CoC return and factoring in none of the backend, if I invested a total of $5MM into several syndications (assuming some of the windfall went to taxes), we would yield $400,000 annually.Depending on your current and future desired lifestyle you could continue to live modestly, and reinvest a large portion of the dividends earned. 

The biggest thing I'm noticing with this listing is the desirability of the neighborhood is extremely low.