Generally, lenders will require you to have a substantial down payment.

Late payments, property damage, and evictions are avoidable when you have a PM who knows how to find reliable renters.I encourage you to seek out a property management company that emphasizes tenant screening and uses modern tools for verification.

The last partial payment they made to me was in December of 2023.

Payments stay lower, cashflow better and it'll boost your balance sheet not to mention lower risk when things go awry. 

But, you can go up to 65% loan to value with no reserves, or up to 80% loan to value if you have 12 months payments already in the bank (12 months reserves_.

Cash out refi only if the rental income significantly exceeds the monthly payment and you want liquidity to invest elsewhere.2.You can maybe do a HELOC if you want a smaller loan that doesn’t involve refinancing the entire house.3.

Wondering if you have advice on me just being the bank, where I purchase a house and structure a rent to own with him and have him build up a 30% cash down payment and some equity and then me sell the house to him at a locked in price.  

There are cases of local governments delaying payment due to budget constraints.

Put in your down payment and terms  in the calculator. 

Do they require payment on site or do they give you a certain number of days to close the transaction?