The way you handled the owner financing and took on the full rehab speaks volumes about your vision and confidence in the property.

I started working for a company where we would serve properties to investors using the double close wholesale model.

using this form of financing is a great way to acquire/fix a property but if you are looking to hold long term you would want to find long term financing. 

I've done this with my properties because I'm well known in my small town and don't want people to know what I own.

Tenants don't do ANY work on your properties, never a good idea. 

Tracking can be done in property management software, a spreadsheet, or even a piece of paper and a pencil, as long as you can account for who's money is in the account.

We like doing the hard work of doing due diligence, researching property histories, getting estimates, negotiating contracts, etc.We're also going to be looking to buy and hold in the near future possibly by BRRRRing.

A property is available off market that seems to be a great deal.

The local property will give you practical management experience.You might do better buying a REIT if you are planning to buy single properties far from home.

Purchase price: $325,000 Cash invested: $50,000 This time I acquired a property that needed little to no work.