I agree that 20 years is a long time to be locked into an agreement but the savings aren’t necessarily small, upwards of $50k for just an average resi system (in some areas depending on net metering, price per kWh, etc.) and much more than $50k for bigger systems.

I changed the locks and took possession myself on the grounds that it was vacant and therefore the prior owner was not in possession.

@Amy Herzing So you don't have a separate area that can be locked to separate a stranger from where you will be sleeping?

Negotiate a lower price if inspections warrant that, do a walk through the day of signing, and if everything is still okay--no squatters etc-- go sign the papers, pay the money, get the keys, change the locks and move in...I would guess I might have missed a step or two...

All tenants are month to month, so raising the rents is a bit easier and then lock in 1 year leases.There are some bonus opportunities i.e. spreading water bills to tenants as well as airbnb opportunities in 2 of the units as it is on the water, but we are not factoring that in right now.My questions:We have the seller financing option, and the ability to do private for the 30% down second at 8-10% and 2 points.

Plus their minimum balance to not get fee-d is little high.Also US bank has now twice locked me out of my online for no reason whatsoever and one time they said the only way to fix it was to go to a branch.

Change the locks the following day.

Two weeks ago I locked in 5.25% on a 30 year, 25% down with no points on an investment property.

On the other hand, having lock smith changing locks.

But now they have a relationship with you, you are locked into a 6-month contract, and the easiest path is to just let them reduce the price to the market.