If you are priced well and the condition is great barring there is not a ton of supply, then you will sell quickly!  

I was thinking he supplies the down payment and acts as a silent partner.

It comes down to supply and demand.

I believe you can deduct the other business expenses (home office, supplies, repairs, maintenance etc) - but the bulk of it (depreciation) is likely passed on to later years.So first house 2021 - I'll assume 250k purchase price and you put roughly 20% or 50k down. 

@Patrick Roberts wrote:"@Jay Hinrichs I know of one person who is buying high LTV preforeclosures Subto while they’re off market by paying the owners around $10k-$15k to walk away, quit claiming them into an entity, then seller-financing the entity holding title to the property to owner-occupants under the pretense that it's for commercial purposes on interest-only balloons at inflated values."

Appreciation is driven by demand outstripping supply, and cost of new supply. 

I'm focusing on short term rentals around Lake Cumberland and manufactured home parks here in Kentucky.The need for affordable housing and shortage of housing supply has made for a very lucrative investing opportunity.

typically with seller finance there would be some period of monthly payments and then a balloon where you pay off the balance in full. 

The money that you end up owing to repay the loan over the 5 year term is now post income tax money unlike how you traditionally are supplying your 401k with pre-tax money.  

For property owners in this area, what have you seen in terms of supply and demand.