@Louis GordonReal estate notes is another name.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $45,000

Cash invested: $45,000

Single family buy & hold

Quote from @Ram Gonzales: I continue making the underlying mortgage payment myself (autopay) and get reimbursed from the borrowers payment.

Quote from @Ram Gonzales: What are the numbers?

Quote from @Louis Hamilton: The property is worth around 800,000 and has no mortgage on it.

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Duck Creek Village.

Purchase price: $190,000

Cash invested: $34,000

Triplex, ranch style.

Louis, MOKilleen, TXWaco, TXTopeka, KSTulsa, OKLooking forward to hearing about your plans and experiences!

@Hiyun Park only experienced investors can DIY everything in Class C Midwest areas like Detroit, Cleveland, St Louis, etc.Hopefully the info below will help you:-----------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Louis and Springfield, dare I say it's in the middle of nowhere!

Louis or West Memphis or Jackson Mississippi or dozens of other places.