@Lucas Helliker I am a multifamily broker who only sells multifamily in the KC metro - typically 5-50 units but go as low as 2 and up to about 72 units.

And, these were typically also underwritten with the idea that a downturn was inevitable.

I have heard a little about seller financing and it seemed interesting but just unsure how to find deals, start, or how the negotiation typically goes.

Also, Fixated moved my closing date a few times, but luckily I didn’t have another deal at risk.Does this sound typical?

Properties are typically $100K.

So if you have one unit advertised for rent on 6/1, another on 8/1, and another on 10/1, this will affect the depreciation  % on the tax return.Repair vs capex: capex would typically include all costs prior to the property being placed in service INCLUDING mortgage interest, insurance, property taxes, utilities, etc.

@Elizabeth Ross - make sure you are familiar with South Bend - houses for under 100k in South Bend can typically be in pretty rough neighborhoods, so be sure to do your due diligence. 

Out-of-state investors typically focus on larger cities like Louisville or Lexington, which dominate about 75% of discussions I have with OOS investors unless it's an STR market.

Playing for cash flow still, but also a little for appreciation and the single families typically dont require as much hands on work on a weekly basis (mowing grass, shoveling snow, etc.)Everybodys niche will be a little different.  

There are many buyers and sellers of sufficient sophistication not to require at least some of the typical bundle of services.