This can be quite expensive. 3) Make sure you buy furniture with a high weight capacity. 4) This arrangement doesn't attract the best tenants.

They have it arranged that a broker (this poor woman’s fiduciary!!!)

"due the LLC arrangement the seller finance component is not technically considered a second lien on the property."

Hi Michael,Are you in the a neighborhood in the actual city of Albany, such as Ten Broeck Center Square, Hudson Park, Pine Hills, or Park South that has 4 unit buildings and can support that type of arrangement without too much concern of negative impact from other tenants?

I have recently run the numbers on snowballing debt across my portfolio but it seems to not really make sense at my stage.     

Also, do you have photos and have you staged?

Generally the managing company would continue to collect their management fee for any bookings they arranged. 

Hey everyone,I am in the very early stages of getting into this world of real estate investing.

@Mark C.You are in the beginning stages and want to do everything yourself that can only last for so long.  

Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.