I got the 1st martial home in the divorce and rent out two of the rooms while I live in the other room.

Here is my post from a year ago: https://www.biggerpockets.com/forums/55/topics/181...A brief synopsis of my situation: I am a martial arts school owner. 9 months ago we purchased a property on the square of my small town (30k ppl, bedroom community).

Brent I do agree  with Jacqueline honestly is the the best route and I do  believe if i set the deal up right or buy at the right price I want have to worry about not finding a buyer cause  with the right deal they'll be knocking at my door to get the deal worst case scenario I'm will to take a lost or even not make money if it means  keeping  my word

However an upright buyer could easily cancel the agreement and not owe anything.

If the tenant had arrived sober the landlord would have prevailed and the tenant evicted....but because he could barely hold himself upright he lives to see at least one more week of free rent.It's a crazy world we operate in.

If you are confident of either, and have better uses for your cash than tying it up right now, then go with the balloon.

It seems setting new tenants up right away on a streamline, efficient system that flows to your books is most helpful. 

But yeah that's how I have everything set up right now and it seems to be working well.

Hoping business picks up even more as we get more good reviews.So when that 4-unit, in GOOD condition, with PAYING tenants, listed at $89k came up right next door to my first building, I knew it was a golden opportunity.

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