Greetings everyone,My boss and I have a small business that we're trying to get off the ground and we're looking into outsourcing some or all of our accounting/bookkeeping duties.  

Again I do appreciate the input and see where my first comment inadequately described my entire process. 

In short though you're going to need a purchase agreement and could even use the standard real estate contract, and some people use a warranty deed.seller financing is when you don't have to give the seller some or all of the cash at closing, and then you don't have to get a mortgage (or as large of a mortgage) and you're able to make payments to the seller.

This means I’m accruing 8% times the number of years that will flow to me - with no split - once more cash is available (through operations, refinance, or sale or all of above).  

Do you Airbnb any or all LTR’s?

I manage nearly 400 rentals and 98% of my tenants get some or all of their deposit back.

Define your investment goals, familiarize yourself with related terms, evaluate your financial situation, begin small, investigate markets, establish investment standards, cultivate professional connections, carry out exhaustive due diligence, investigate funding alternatives, and determine whether to manage the property on your own or by hiring a property management company.Decide what you want to achieve—stable cash flow, long-term growth, tax advantages, or all of these—and dedicate some time to learning about them by reading books, using the internet, taking classes, and attending seminars.

Either go all in on the flip and sell or all in on the STR, but don't try to mix them. 

I've met several Millennials, like myself, that rent out portions of their home and their entire home while they go away on multiple week travel excursions to offset most or all of their mortgage. 

You'll likely pay an extra 3.8% on some (or all) of the profit from the Net Investment Income Tax.