The only costs are hourly wages to an assistant to respond to the tenants if something comes up like a question about the online payment portal system or something else.

The last lender I’ve tried to get a pre-approval had a, imo, patronizing response saying,”Although lots of people talk on social media about buying a three or four unit property with only 3.5% down in practice it almost never works.”All lenders who I’ve tried to give a pre-approval for has tried to sway me to switch to a 5% conventional instead.

Ex - Cin is 4 hours away from Cle.

Are you wanting to find something within an hour of where you live or are you open to something farther away?

@Micah Huffman unless you are going to commit to learning some basics about being a landlord AND are willing to commit at least 2-4 hours each month managing a Property Management Company - it's probably best you sell.Otherwise, it's highly likely you could lose more due to bad tenants and management.

In my case, all three sellers were older and tired of dealing with tenants, but they liked the steady income.

Two O six seven nine nine two three 0 seven.

Some free happy hours, but the regular meetings are about $20.Saturday morning in East Ft.

My plan is to funnel the rental incomes from all three properties, along with my W2 income, back into the HELOC while covering all expenses from it as well.

I've worn three hats in the seller financing world (as a property buyer, as a property seller offering terms, and as an investor that buys seller financed note).