Another important thing not mentioned is that you need to list your lender as "additional insured" on your insurance policy. 

The training/mentorship is very important.

In the same way, so many churches want to guilt you into giving directly to their institution (mostly because they have initiatives they feel are important). 

Haha I can appreciate that, being familiar with the area is very important for successful investing. 

@Shaun Hunt Starting a property management company to manage your own properties could offer some tax advantages, but there are important factors to consider.

The most important thing is to understand your coverage before you have to use it. 

The second lien also means you’re in a junior position if the buyer defaults, so you’ll want to be aware of that risk too.Overall, owner financing can be a win-win, but it’s important to have everything structured properly to protect your interests.Cheers,William

They have decent cash flow, but cash flow isn't super important important to me in my investing journey right now.

i am starting my real estate journey and I am interested in investing in real estate to create some passive income but more importantly to escape the 9-5 jobs and create generational wealth.

I don't mind letters, just leave my phone alone when I'm waiting for important medical phone calls.