Give him 60 days to sell or refi the property.  

Maybe in a year you could sell the note.

Some people seem to get locked in to one place they find, or a place a friend or family member is selling without really evaluating the available market.In a small town in East Texas I would think your biggest risk is a big player coming to town that can absolutely crush a smaller player. 

You need to really know what is selling, why it is selling and what to do with that house/townhome/condo.

We were looking for something in San Jose Del Cabo, because it is a popular destination for digital nomads and remote workers.

Quote from @Andres Lasaga: I am in the process of selling a property to the tenant I have been renting the house for 4 years.I want to outsource the promissory note collections and reportsIt would be only ONE property, for now, any recommendation of a company that can manage the collections and reporting?

For me, If they buy with me and then sell with me when they flip it, it is totally worth the time/effort. 

A friend of mine invested in one last year—apartments upstairs, a small coffee shop downstairs - and the combination of income streams made it a steady performer.Scaling with a 1031 Exchange:While not applicable unless you sell a property, planning for a 1031 exchange could help you scale quickly while avoiding capital gains taxes.

We turn them around or help the owner sell the real bad ones.

We tried to sell in 2023, but the tenant had health issues, so we decided to let them stay.