With rate changes happening, not sure how much longer that will be an advantage. 

But I am open to ideas.I see this environment as quite challenging to find a deal that will cash flow reasonably well in my area due to HCOL and interest rates (even as somebody with some resources). 

Use a promissory note drafted by an attorney to outline loan terms, including an interest rate that aligns with IRS Applicable Federal Rates to avoid gift tax issues.

This has become increasingly problematic  with rising material costs and more burdensome building codes now present in most municipalities. 

You will also have a credit on statement for pro-rated taxes due to buyer.  

Cap rate, per door price, gross rent multiplier.

No where… Once interest rates go down to the 5.5% range, you could refinance and be in a way better position. ** Another way: you could do all of the above and then use a company I use to split the lot.

You take a short class 30 minutes over the phone and once you finish this process you typically can save around 1% off your rate!

1)Purchasing distressed property with seller financing with substitution of collateral clause.2) Wholesale property as-is, then move favorable seller financing to better quality property keeper at below market rate & favorable terms.

Hey Chris would love to visit.  100% of my business is helping clients in all 50 states with purchasing vacation homes/STR properties. 90% of my clients use the 10% down loan because the lower down payment requirement and rates/cost similar to a primary residence.