Focus on paying them off (smallest to largest), and you'll be living large in 20 years.

To confirm, did they pay timely and what kind of condition the property was left in. 

We almost went with a loan that we have to pay all the cost upfront and then get reimbursed on the back end and that was just not something we were willing to do.

I try to pay off all loans as fast as possible because I feel like money wasted on interest is overlooked sometimes as people only focus on the amount of money coming in rather than the amount saved.As of today, I'm just focusing on establishing the best systems to analyze the markets, find properties, get financing, make wise renovations, and manage my rental properties.

Example, a short pay history - non-redeeming factor, a 25% down payment, a redeeming factor to counter the short pay history.

Now, you need to figure out how to find deals and pay for them.

Determine at what percentage of completion you'll pay for work done. i.e.

With that being said, I personally know several people who've had tenants that stop paying their rent and try to hang around for as long as possible. 

What would I need to do to structure the note in order to have a note buyer come in and buy the note or buy a partial enough to pay off the 215k at closing and still have some difference coming to me or the note revert back to me after the partial was paid for. 

I think having foreign pay stubs and the fact that I own property here with a mortgage made them decide it's too much of a headache.