Or you go north, which makes you a lot more remote, far away from the next Home Depot, and a long drive for everyone, but opens you up the snowmobile and ice fishing season.IMO the most important thing is to buy quality real estate, no matter how you rent it.

Will be more difficult to find as everyone wants to buy these deals. 1 bad deal can destroy 3+ good deals.

Everyone's situation is different and keep your eyes on the prize and you hit those goals. 

Thanks a lot everyone this is all very useful information 

Hey everyone!

Hi everyone!

If this is your first deal, I would recommend  understanding the math and start using the deal calculators on every one.

Seller should record their lien against the property, you both should have an attorney review to make sure all interests are property documented and protected, and i think everyone is in a good place. as far as evicting tenants... this is up to what you and the seller can negotiate. i would still be putting on the same contingencies - appraisal, inspection... know what you're buying. don't get blinded by the seller-finance piece. 

well, there are gurus and wannabes that's for sure, but if everyone did some research they could figure that out and get the right people to guide them.

Median time on market is still 7 or 8 days and that's primarily due to the waiting period to allow everyone to bid.