Key Factors for a Good Seller-Financed DealCash Flow: Rental income should exceed monthly payments (PITI) by at least 1.25–1.5x.Purchase Price: Compare to ARV and market value for fair pricing and equity potential.Interest Rate: Aim for competitive rates; higher rates must still allow positive cash flow.Amortization/Balloon Terms: Favor longer amortization and align balloon payments with your exit strategy.Down Payment: Lower upfront costs reduce risk but should meet the seller's expectations.Flexibility: Seek no prepayment penalties and fair late-payment clauses.Property Condition: Ensure the property’s condition matches terms through inspections.Seller Motivation: Assess the seller’s willingness to negotiate favorable terms.Exit Strategy: Have a clear plan for refinancing or payoff at term end.Portfolio Fit: Ensure the deal aligns with your financial goals and risk tolerance.Vetting multiple deals and consulting professionals is crucial to making sound decisions.

The first the guru did have 2-3 phone calls with me before turning me over to associates.

Unless you use a local professional familiar with the market, who you trust, best way to know a good deal is to study the market.

Now to every ones credit that works for this company that made a comment after mine I appreciate them keeping it professional.

Most businesses, property management or not, fail due to the lack of sales, not due to the lack of systems and phone etiquette.

I think Landlords are better off using strong policies, knowing the law, acting quickly and professionally.

Readers should seek professional advice.

This influx of high-paying jobs (averaging $60 per hour) is expected to draw a significant number of professionals to the area, boosting demand for housing and various services.

I would look for a professional company like Rentwerx.Here's an eviction resource: https://guides.sll.texas.gov/landlord-tenant-law/about-evict...

My tax professional is stating that I would need an appraisal to show the lot/structure are valued at $400k if I try to claim $200k as a donation.