Do most sellers prefer shorter terms (5-10 years), or can you actually structure something close to a 30-year term like a traditional mortgage?

I was part of his self-storage income community for a bit.

Since we only lend our own hard-earned money, this gives us the confidence that they are the kind of people with whom we want to do business—and vice versa.Most people are good people, but occasionally, we meet a stinker.

@Sarah Hadassah Negrón a lot of what @Drew Sygit mentioned, but mostly it is not a good use of your time and bandwidth.

This property was in terrible condition, however will a little vision and hard work it paid off.

How big of a loss can I handle up front, without stopping? 

I had over 200 sfrs in jackson proper all C and D class U want to think they are B s  but not really in all but one area of the city of Jackson and a ton of section 8.. those were a nightmare..

A couple things:1.

I’m a short-term rental host, owner, and operator, and I do a lot of STR/mid-term rental investing and management.

Lucas,A word of caution with the idea of working with family or friends.....DON'T.You are welcome.Cheers!