Property values continue to grow in value, and you can actually live off the rental income.I think it's best to hav all properties paid off by retirement age, since that's when you are going to rely on cash flow for your living expenses.

Which is another reason I'm priced higher.Thanks Staci.  

I would encourage anybody with an SDIRA to consider switching over to a Checkbook IRA for some of the following reasons:1.

I know in Philadelphia if I had a 2 BR house it would be viewed favorably by tenants who are seeking 2 BR living situations because most inventory will be apartment style living and for this reason would achieve a rent premium.

And yes, there is a risk that your rates would go up or they can drop you - but unfortunately, many insurers in that are may already be planning to exit the market or raise rates on everyone to make up for loses.One thing to note about a claim like this, insurance will usually pay for repairs to the damage caused by the problem, but not fixing the actual pipe that broke.

Looking to construct a duplex at a reasonable cost but also quality for long term durability.Thank you!

Negotiating Price: What’s a reasonable offer given the current income and potential for more?

You’d be shocked by how little actual screening many PMC’s do!

P.S; We live in Wilmington NC so both markets would be "long distance" P.S.P.S there are no reasonably priced multi family properties local to us.

Unless you're getting this property way under-market value, and/or the property is in a great location (blue chip market), I don't actually see the value of doing seller financing here, considering it's not the most stellar terms anyway.