That’s what this community is for.

I’ve been exploring buy and hold opportunities in my area, and I recently came across a situation I’d like some advice on.I’ve come across a property in my area that I’m very interested in, but I want to make sure I approach the situation the right way.

Here are a few avenues folks often explore in times like this:You are already on this path - Owner Financing: It's great that the seller is willing to finance a portion of the deal.

Hope this helps!

And technology aside, this business hasn't changed much in the last 20 years.

Not sure how many PMCs you've had bad experiences with, but we'll take exception to:"Then do a thorough research on tenant applicants (note: leaving this to a PM may be hazardous to your financial health)".BP seems to have more threads about screening mistakes by DIY landlords as opposed to PMCs.Now, if you'd have mentioned Maintenance, you'd get no argument from me:) Even the PMC industry acknowledges maintenance as one of the biggest challenges.Rereading my post, I kinda see how I sounded negative toward PMs.  

So YES, getting informed is paramount importance. 

@James Wise I began investing in Cleveland (from NY) this year, and I was following this grading guide for a while!

.: Does anyone have any information about the short term rental market in Kyle Texas?

One more tip – people remember stories that trigger their emotions.