The building features three long-term tenants on the upper level, each occupying spaces for over five years, with opportunities for upgrades and rent increases.

(Making judgements based on family status, number of kids, medical animals, etc etc..)4) When you get that first repair call 10pm Saturday night for a leaking roof or water heater do you have a trusted/dependable guy to call and get it fixed that night?

You will trust too quickly (hire a fake guru) or never trust at all (analysis paralysis) and find yourself stagnating.If you aren't working on yourself as a person, you aren't working on your business.

Not to mention, solar panels can also be a cause of roof leaks and require regular cleaning to maintain some level of efficiency which is not great to start with while also getting worse over time.

Trust me on this!

Wondering how to build trust in him to do seller financing with us after this.For reference we have 100% close rate, my thoughts approaching this is to counter back and say the risk of default is very rare, if he's worried about the park defaulting he just needs to save up $20k in reserves and he'll get paid $70k in income for the park for the next 5 years while he waits for balloon.

You should be able to confirm when you do his background check.His fiance trusts him to be around her kids.

It features interviews with investors of various backgrounds, niches, and experience levels.2.

Anyhow...sounds like you're on the same page with @Shawn Parsh about picking the worst property in the best neighborhoods  >>> I get it, and trust me I'm always looking for those gems (if/when you find them, they get snatched up fast!!).

While my insurance charges are relatively low each year given this is a condo, I learned to better assess who is behind budget planning at the HOA level for all of the units for roof, cleaning costs, basement improvements (shared by all units), given this was run well by one individual.