My next 3 months are devoted to learning, practicing analyzing deals, etc. 

And while seller financing is a very common practice in business acquisition, the good deals are not being done with high levels of it.Particularly with smaller deals, and especially with a business like a laundromat, there are cash buyers out there.

Curious if this is normal practice or in other management agreements people have signed? 

I know Deed in Lieu is a common and normal practice.

Here are some practical steps and strategies to consider:## Single Family and Small Multifamily HomesWhen looking at single-family and small multifamily homes in northern Illinois and southern Wisconsin, make sure to analyze the local market trends, rental yields, and property appreciation rates.

It's a good practice to overestimate costs and underestimate after-repair values (ARV) to keep your expectations realistic.

However, I don't know from a practical point of view if it's doable 2) Condo vs townhouse vs cashflow: I noticed condos  and townhouses are way cheaper in fort myers FL ( however risk of hurricanes) and maybe more opportunity for cash flow.

I'm working on my first rental and trying to understand the best practices for how to use the template leases I can find.

Some of your requests may fall outside this manager’s standard practices, and customizing services for each client isn’t practical for most PMs.

definitely need to have lawyer look at it.Risks/additional hurdles- On the practical side, the absence of deeded rights makes tenancy in common ownership considerably more risky than condominium ownership, even where the TIC owners have separate financing.