@Christian Nachtrieb it is really difficult to get an idea of the layout from your current photos. 450 sqft is not a lot of space, so in order for someone to see how they could configure that, I'd recommend adding in a floor plan drawing.

Obviously it depends on the configuration of the existing piping but something usually can be done.

A property across the street rents the same configuration as room rentals for $350 each, but that would require significant management which is not something im interested in.basement has rooms but only 1/4 finished.

Would someone be able to point me to some documents I could configure myself where I could record the loan, its terms, etc. and file them correctly with the county?

You can see the sold price and the basic configuration of the house. 

I look at your marketing Dev Hornseems very good especially for wholesalersI just have to somehow re-configure for RealtorAnyway Thanks for sharing

Your right about science and slavery . . . back then it was common to think that you can tell a person's personality by the shape, size, configuration of someones head/ skull . . which just sounds ridiculous today right but the people who were in charge had no laws to prevent them from exploiting the people already in bondage so that only made the situation worse for the enslaved although they weren't the only ones being used as guinea pigs.Thats why i said science and faith can and should coexist, if you take a step back and look at both scientists and believers in faith what it comes down to is their strive to make the world a better place.

Online review “Prolog is relatively easy to deploy, and the cost for a small company to implement the system would be in the range of $10,000 for three concurrent licenses and another $10,000-15,000 for implementation and basic configuration”Property Management / AccountingQuickbooks pro “I'd love to use quickbooks pro but they won't allow me to import expense data, nor allow subdivision of income/expenses as I would like.”

so they walk or let the bank take it.Issue becomes you buy one home and your on the bottom end of the 50/50 rule in these assets that are this price range and now your soured on rentals for probably the rest of your life.there are pockets in INdy I really like.. but cash flow is smaller but risk of this happening is quite a bit less/ plus the areas are regentrifying IE homeowners are moving in.. there are little to no homeowners who move into those areas. this house as it sits as this investor has shared with us is worth in current configuration or state of disrepair about 15 to 25k max.. ... and that is how the cycle repeats in these areas.. if this investor did not have the means to fix this.. some wholesaler would get ahold of it. put their fee in sell to a turn key or rehabber who then sells to an investor out of state and the cycle again repeats.Again this is why I preach at these price points LOCALS are the only folks these are appropriate for investors simply take too much risk to try to make 10% return .. and if you borrowed money its even worse as you have credit risks. and precluded from using your credit on better investments.

As a very conservative investor, there's one more advantage to me of directly owned real estate: I'm able to configure the deal to be much more conservative ways than is possible through 99% of the passive offerings out there (i.e. no debt).