Next, if you are comfortable with the numbers a long term rental would provide, keep that as a back up strategy and play with the numbers a mid-term rental in this area would bring.

Thanks, Gary Neely Gary, Just use you standard state contract and write out the terms of your seller financing in an addendum or on the OTP itself if there's lines for additional provisions.Be clear and concise.Example,Seller will carry a promissory note secured by a 1st position mortgage in the amount $97,583.00, at 6% interest, amortized over 30 years, witha a maturity date and balloon payment due 10 years after the closing date.Hope this helps and certainly get an attorney involved if you are not comfortable drafting the language.  

If you don’t feel comfortable doing it yourself pay an attorney or have someone you trust review it with you.

A good example would be a Holiday Inn, Ramada Inn, Comfort Inn, etc.  

My BIG dream is to build a portfolio big enough so that we can replace our current income and retire comfortably (dream big they say, right ;)?)

I think at times I caught myself willing to spend A LOT more than what I was truly comfortable with.

I did my own due diligence on the firm and based upon that was comfortable investing a small amount into a deal to try them out.

Ensure the plumbing and electrical connections are regularly checked for any leaks or faults.Lighting and Fixtures: Modern light fixtures and ceiling fans add aesthetic value and comfort.

Second, the height of the railing is a little shorter than code allows, or I am comfortable with in a rental.

I would love to connect you with my broker who is also an investor in Oklahoma City and hop on the phone with you as well to help pinpoint concerns you may have and provide more clarifying information if you're interested- I do also understand if you have a lot of agents in your inbox or one's you're comfortable with already so this is no pressure at all!