If the buyer has good credit, you might go lower, while buyers with poor credit might justify a rate closer to 9% or 10%.Market-Based Adjustments: Keep in mind the current prevailing mortgage rates (which are currently around 6-7% for traditional financing) and adjust accordingly to stay competitive while still reflecting the added flexibility of seller financing.3.

When the male tenant moved out, you should have made decisions about the female tenant.

Most cash flow or door chasers fail to understand this and that's what leads to bad investment decisions.  

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.There are over 20 real estate accountants on this site.

Hiring a Property ManagerManaging Yourself:Control: You have direct control over tenant selection, maintenance decisions, and overall management style.Cost Savings: You save on property management fees, which can range from 8-12% of monthly rental income.Challenges: Being across the country means responding to emergencies or maintenance issues can be tough.

Ignorance is my main issue but after reading Rich Dad Poor Dad I’m inspired to get in the game.

Persistence and patience.Let's dissect this for a second.Lists work SO poorly that, in order to get a deal, you need to send THOUSANDS of mailers to COMPENSATE for the poor performance to get results.So you do, and you get a result.

@Karl Kauper going to guess your current PMC:1) Is having too many tenant nonpayment issues for your likingAnd/or2) Refusing to share their background checks with you, so you can make your own approval decisions to address #1 above.Several factors may be at play here that you may want to consider before being trigger-happy:1) For several legal and contractual reasons, it's pretty much NOT possible for a PMC to share background checks with an owner. 2) What Class of property do you own?

Regardless of whether it was the right decision or not, how do you move forward?

one last note, owning BTC or any other crypto asset is not an “in lieu of” decision.