In my mind you MUST have the cash to these mortgages off if your going to engage in these transactions.

Austin is not a great cash flow market currently, but has proven to have solid long-term appreciation.

Most get side jobs or cash work to make ends meet but they don't put it down on app.  

You can certainly find a property for cash flow that may also bring you a strong return on that investment.

There are a lot of hotels right now that are failing and going under due to low cash flow -so its a failing hotel.

Kind of like a cash for keyshttps://martinezlawcenter.com/new-rental-laws-in-california-...Most of the long time investors I know haven't had problems but if you get a "professional tenant" in look out and call your RE attorney.  

Have quite a few out of state investors that we've worked with to get them great cash flow and tax savings. 

The mortgage would stay under the seller's name.The buyer could then rent out the unit, renovate, etc. to increase cash flow or make more money.But aside from a possible "due on clause" being called by the mortgage company, what's the benefit to the seller?

Cash invested: $65,000 Sale price: $97,000This property was a very early lesson learned in private mortgage financings for me.

That said, it’s been a great market for me—strong cash flow, significant appreciation, and plenty of opportunity for investors who take the time to understand the market’s nuances.If you decide to explore Detroit further, feel free to reach out—I’m always happy to share insights and what I’ve learned along the way.Good luck on your investing journey!