Quote from @Karl Kauper: Good morning- Just “boosting” this thread this morning in hopes of more feedback from property owners in the Cleveland area.

I want to present Investor A with a hefty down payment to cover improvements of his other assets, while also offering owner finance terms so that in the 3-5 year period he can “sell” the properties to me which I have been paying off throughout the time, so that investor A can successfully 1031 into another investment at that time. 

Plus look for a handy person to take care of any maintenance issues that crop up.You will need to look at each and every room with a critical eye of a guest and not the owner.

This allowed me to get the first right of refusal on the other property which I'm currently working on an owner finance deal that would be based on a 20 year loan, balloon in 3 years with no interest.

Quote from @Richard Schubert: I have offered sellers the chance to sell to me with owner financing many times and can say it’s pretty unsuccessful for me so far.

Network with local investors, understand local laws, and consider owner-occupied financing options.

There are loans that you can obtain in the LLC, however, the terms are generally less favorable than purchasing as an owner occupied FHA or Conventional loan. 

Let me know and I can set up an interview with the broker/owner. 

Purchase agreement between owner and you2.

If you're going to make it in this business you're going to have to wrap your head around the fact that things like that are going to happen and you've got nobody to blame other than the criminals themselves.Her complaint is that the PM did not notice the stove missing during the inspection; the owner was the one that noticed it missing.