Just call a local real estate attorney , they will draft up a note and deed of trust for you for a fee :)

This is what I am encountering, in the current Mortgage Industry.If you think you will go FHA, Conventional, FHA 203k, etc. and then Quit Claim the property, to a Corporate Entity, or a Land Trust you run the risk of the lender discovering a Title Transfer occurred and activating the "Acceleration Clause" or "Due on Sale Clause" that requires the loan to be paid in full, within 'x' number of days.

Traditional mortgage from a big bank, 10% down payment What was the outcome?

When they see you here and they've seen you other places, it adds a layer of trust.

At the end of the day, your servicer is there to keep your loan compliant and to process and apply payments.

Quote from @Mary Jo Carruthers: @Albert Hepp Did you know that there are quite a few non profits and also the city of Austin in the austin texas area that provide down payment assistance for first time home buyers?

Main benefits to this strategy include:- Low down payment options (as low as 3-5%)- Acquisition experience- Property management experienceThe NYC metro area has nearly 2,000 available 2-4 unit listings on the market.Other new investors consider the BRRRR Strategy.All the best to you on your journey!

Following the shiny object, throwing money at a market you don't know well, and blindly trusting strangers that have a clear profit motive put you in a poor position to succeed regardless of where you choose to invest.

Many late payments" is never grounds for eviction. 

It took time to build trust, but it paid off.Collaborating with Local Wholesalers: I can’t tell you how many deals I’ve found by working with wholesalers who had properties they couldn’t sell quickly.