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.

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. 

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

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.

It’s a nice place and I hope to rent it out weekly from time to time to help cover the mortgage ($1,850/mo w/ taxes, etc.)I just found out from a personal conversation with the owner that a Lake House down the road will be going for sale and I was given the option to buy it off market.

I also know that the owner had many upgrades which were nice, but the average person wasn't going to pay for them.

@Fernando CarloIn our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!