Owner-occupant loans will give you the lowest down payment options.

We recently updated listing to sell as an owner finance (wrap).

What is your average work order cost for the owner?

Most owners are local and therefore “hot” money or out of area players are not yet chasing Pittsburgh assets, keeping prices favorable.References United States Census Bureauhttp://www.cmu.edu/news/stories/archives/2017/august/economic-impact-report.htmlMarcus & Millichap 2017 Multifamily Investment Forecast2017 Commercial Real Estate Trends Report by Integra Realty Resourceshttp://www.pittsburghmagazine.com/Pittsburgh-Magazine/September-2017/Staying-CMU-All-Eyes-on-Carnegie-Mellons-Future/http://www.nextpittsburgh.com/features/pittsburgh-developments-watch-2017/

This LLC has you as the managing member and 80% owner and can purchase investment real estate of your own or with other partners.

We wrote into our purchase agreement that a separate septic agreement needed to be drawn up and attached to the recorded deed for all future owners which protected us and the other home owner,  and will make it easier to sell in the future with that in place. 

Some hotels actually have a condo like structure, where people can own the units, but perhaps are limited on their personal use to only a certain amount of the year - the rest of the year it is in the rental pool managed by the hotel.If numerous room owners stopped paying their bills, you could get tax liens on numerous separately owned units.Hotels are a tough business, an issue I also see come up with them often is that they require refreshes, expensive and relatively often - at least once every 10 years, if not more often. 

I'm wondering what tools and resources you all use as rental owners and investors to get or keep your financial ducks in a row?

Upside is that you are paying off debt a lot faster with more towards principal and less towards interest. 20% down is only for SF, even a duplex will require 25% down unless owner-occupied.

I will insure the property as a non-owner occupant.