In terms of financing, one thing that might be worth exploring is connecting with local banks or credit unions that are more familiar with the market in Ohio-they often offer more flexible terms compared to larger national lenders.PS: Here’s an interesting tidbit-Ohio has one of the lowest property tax rates in the country, making it even more attractive for real estate investors.

HELOC will save you on closing costs (depending on the bank) 

I went to a local bank today and my only option is an in-house loan.

. $24,540 annual in annual interest to the bank.

LPs are responsible for sending their equity before close, keeping their banking info up to date in the investor portal, and checking out the quarterly updates. 

We use Quickbooks to manage some of our internal tasks like expense tracking, invoicing, etc. but Use bench to manage all of the more tedious tasks like bank recs. and tax prep.

The only change is you're not working with a bank for this transaction (and, there are so many benefits from that).Ensure you have an easy and smooth way to pay your monthly payment to the seller/lender since you'll be working directly with the seller on that rather than a bank.

I also agree with your assessment of low-end homes, if you're going low-end they better cash flow well because I wouldn't bank on appreciation. 

I also use Baselane for banking and accounting because you can mark each transaction with a tag. 

@Logan M. another stream of income, if you don't want to have clients finance through banks is financing them yourself and collecting the 12-15% on contract sales.Do you offer any mini storage in any of your communities for an additional income stream?