@Lauren Cartmell 95%+ of agents only know how to do owner-occupied transcations:(So, be careful.Adding to the advice already shared, an experienced investor agent will know that there will be no showings without an accepted offer - to avoid pissing off your tenants with constant showings.

Lets start with when it does not make sense: Owner finance does not make sense when the borrower cannot afford the property. 

@Blake Kirby You're in a great position and you'll get lots of feedback here that can help you decide your direction.

Hi real estate friends,My wife and I recently bought our first home in Co springs area close to garden of the gods and other attractions in the area. to no surprise our interest rate is a whooping 7.1%, the main house...

If you don't plan on paying cash and have to leverage with an owner-occupied loan product then you should set up your LLC as a property management company because you will not be able to borrow in the name of the LLC.  

@Teri Feeney StyersAre you doing land contracts or owner financing?

Once I reached that, I worked towards a new goal of financial independence for all of us, in case I decided to stop working.

My cleaner can bring her large Bissel for extra clean up.Plus I tell every small dog owner not to let them off leash when outside....eagles...

You have given the tenant many of your rights as an owner BUT only for a specific time period whereas a deed transfers rights permanently.  

As an out of town owner, one benefit of Madison is that we do have a good supply of property management companies to consider.