Overall we both would win it seems quite big, esp w interest only the cashflow would be positive. he didnt really like we are doing an appraisal as he might be thinking he can pull a fast one on us w his price tag.. again happy to overpay as i see the potential but obv not outrageously. 2) Can principal be payed down in interest only seller financing? 

We live in California so I think the opportunities are better when it's OOS.

I'm currently pre-approved but my lender gave me a "mid-level rate" which I believe isn't my actual rate since I haven't chosen a property but me not being as educated on the behalf and thinking it was my actual rate I decided to rate shop a bit.

I also handle any inspections needed before the opening of a site.

Do you think he is going to hold over or squat?

I think @John Underwood and I who own lake front properties might be able to help get you a baseline nightly rate.

They're basically two different skill sets and it's fallacious thinking to assume you can do one because you can do the other.

Some go as far as saying that if you’re evicting frequently, something is broken upstream, either in underwriting, screening, or tenant relations.So here’s what I’d love to pick your brains on: Do you see eviction as a necessary cost of doing business, or do you think there are better ways to prevent it altogether?

Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

@Steven Cornell think of this scenario, what if you have a turnover and your cleaning lady quits that day.