even if its interest only, id want to pay down principal here and there. seems like sellers would offer this interest only route so they have 0 capital gains tax, but id rather pay down a bit of principal in 7yrs. i see its not required but it should allow for principal paydown in promissary note3) any general advice to look out for on seller financing?

If so there are other things to check. 

if so she should be self managing and saving herself the 6-10% on rents. 

I thank you so much! 

For example, if I send my son money for books, can I do so as a property manager fee so that this is also tax deductible.4) If my son, finds the monthly payment to be to much while he is in school and I end up shouldering some of the costs, how long per IRS rules can I carry a loss on the property.Any help would be greatly appreciated.Thank you.

I'm scared to purchase a second home but we have the funds to do so Do it!

It can be a big project to add machines, so I wasn't really worried about the need for self-service going away.

If so, do they conduct inspections?

In the 2024 insurance market, CA is hard to place, so even though you could force them onto a single policy, it may be more economical to keep them separate.I'll send you a note with the carriers who can do this for you.

What is the standard process from start to finish so we can eliminate as much risk as possible?