The first thing I ask is why am I Buying the property.I always look at the exit strategy first, is it going to be a rental, a lease option sell, am I planning on living in it.

@Samuel Coronado - the challenge is that there will likely be a very small number of renters looking for a house that size, as well as that can afford a rent amount that high who won't just buy otherwise. 

Buying My First RentalI was 24, being mentored by Dave for two years and I was ready to jump into real estate investing for myself.

And there are no counties that ban out of state investors buying investment properties.  

Need to buy all again.Had stocked packed linen closet but not anymore..need to stock again. 

If you want to manage your own properties, I would highly recommend buying within an hour of your primary.

Hey Somesh,I was wondering if you ended up buying a property in Cleveland and if so, how it’s going.I’m also from Toronto and looking to invest in Cleveland.  

Generally most fix flippers are buying at 80%-82% in our market. 

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've worn three hats in the seller financing world (as a property buyer, as a property seller offering terms, and as an investor that buys seller financed note).