Thanks again for coming, I love that you made your original post and set this chain of events in motion, and if I can ever be of service, don't hesitate to reach out.

I originally lived in it, but just bought my second property and moved out, and had someone move into my room (4 bed, 3 bath, all 4 bedrooms are rented out individually). 

- The conotation of your  original post did make it seem like you weren't really interested in actively managing and coming to town, so I would weigh that in.

This is the most complicated piece because you are essentially the mortgage originator (which might run into licensing concerns depending on how many times you do this and your state), and you need to make sure the person who is buying is a good borrower.3) close with a title company or lawyer (state dependent) who knows how to deal with this type of transaction4) set up an account with a servicer to collect the money from the borrower (not required, but highly recommended from note buyers)5) collect payments

Originally posted by @Kevin Wade:@Russell Brazil .

They wanted $115k, and this house could have sold with basic landscaping as is for $150k (which I did tell them as I wanted to list it originally).

There is no better way to ensure you purchase a home that the future rents can afford than buying a home with a loan that was originated in early 2020 - mid 2022! 

Originally posted by @Kim Meredith Hampton:@Russell Brazil this really confuses me, after the conversation Friday with the Maryland RE commission, I was told that I do not need a Real Estate or Brokers License to manage property for owners.

Originally posted by @Arno Karssen: Hello everyone!

Originally posted by @Sheila Vardakis:There are so many options for Real Estate CRM's and many are not easy to use.