Multifamily properties (2-4 units) can be a great way to build your portfolio while minimizing risk—especially with FHA or conventional low-down-payment options.Also, networking is huge.

How to Structure the Deal to Protect Your $20KIf you’re willing to cover the $20K arrears, here’s how to protect yourself:Option 1: Secure Your Funds with a Lien or Escrow AgreementUse an escrow account: Deposit the $20K into escrow with clear terms—if the assumption is denied, the funds return to you.Record a promissory note & lien: If the deal falls through, this would give you a legal claim against the property to recover your funds.Option 2: Sub-To + Wrap While You AssumeSubject-to deal: Take over the existing loan payments before assumption approval, securing control.Escrowed deed transfer: The seller signs the deed into escrow only to be recorded after assumption approval, ensuring they can’t back out.Lease option fallback: If the assumption is denied, consider a lease option agreement until another solution is found.Option 3: Negotiate a Seller Financing HybridAsk the seller to carry a small second note for the $60K equity gap at favorable terms.Use your $20K as a down payment, structured as a secured loan against the property.3.

Hello,I would like to ask for advice regarding an insurance company willing to insure for liability only, as I am self insuring the property itself: I don’t have landlord insurance. 

We sell the property and each side get their money returned off the top then we split the profits 50/50.

Should I consider: Purchasing rental properties?

Having separate accounts for different properties isn't super scalable. 

In addition to STR'ing the main house, he is building 2 more units (ADUs) on the back side of the property.

Cleveland and Dayton can be great markets for high cash flow and low purchase prices, but you need to be careful when navigating the neighborhoods so you're not buying in a D/F class area where no property managers will manage and where you'll never see any positive cash flow.

He put paint on wooden floor and walked with paint shoes all over the property caused white marks and shades on the nice costly wooden floor.

Found a property which is Sheriff sale, really promising.