For sale by owner and seller finance is completely different. buyer/tenants don’t always have bad credit.

In our experience as a property management company, we allow owners to use home warranties, but they are required to coordinate directly with the warranty company themselves.The main issue we’ve seen is that home warranties can significantly delay even simple repairs.

Get a DBA and use to open a business bank account.Have your properties "hire" the DBA to manage your rentals and collect rents.Most states require a lease to identify the owner of a leased property, whether a person, trust, LLC, IRA, etc.Landlord = Lord of the Land = Owner per deedAgent = someone legally representing the ownerProperty Manager = Agent

Kris Hey Kris - I'm the owner of a brokerage in South Bend that specializes in working with out of state investors.

Then I look for properties that fit my parameters…and I always ask for owner financing…even though I might use that mortgage broker.  

The owners are retired and looking to sell the property. 

Phase #1 - Recovery  - characterized by high vacancy rates and no new construction- rent, during this phase, is flat or declining- owners offer rent concessions to avoid their property occupancy rate from  decliningPhase #2 - Expansions- characterized by declining vacancy and the start of new construction- occupancy improves, concessions are not being offered, and rental rates being to growPhase #3 - Hyper Supply - characterized by new construction and vacancy rates beginning to rise - rental rates begin to grow at a slow rate- rent concession are being offerred due to the new construction in the area [in the hope of retaining current renters]Phase #4 - Recession - characterized by the completion of construction and a decline in occupancy rates - concessions are abundant to avoid high move-out rates Here are some foundational truths about optimizing your investments:#1 sow seeds of success in the down times - "The season of failure is the best time for sowing seeds of success."

However we are still on the fence.Just curious to hear how other STR owners are doing and what strategies they are using to stay afloat.

I've been having this conversation lately with a lot of the owners I work with as well as those who self-manage.

On the sale side of the equation I rely on 3rd party sales agents for my housing geared towards owner occupants.