Though not all sellers will be willing—or able—to provide direct financing to the buyer, it can be an excellent way to buy a property while also simplifying the closing process.That said, owner-financed homes can be complex and necessitate a written agreement—so it’s important to understand the process before signing on the dotted line.

As a general rule, you can charge cleaning and repairs necessitated by "excess wear-and-tear" from the Tenant, as well as unpaid balances owed (rent, late fees, etc.).Here's a guide: https://www.nolo.com/legal-enc...Do yourself a favor: buy "Every Landlord's Legal Guide" by NOLO.

This type of structure necessitates a pretty solid integration between the provider of the legal platform and the custodian, not a one-time hand-off.We probably get about 10 inquiries a month from folks who have cobbled together a LLC in the fashion you describe, have no access to meaningful support as a result, and are lost and frustrated. 

Opting for a DSCR loan may impose a prepayment penalty of 3-5 years and necessitate a 20% down payment, potentially making it challenging to acquire a second property without dipping into a 401k.

This necessitates expanding slower than most people would like but it helps to prevent your investments from collapsing.

High liability potential activities will necessitate different approaches than lower liability potential activities.

@Imrana LatifYour plans will be subject to securities regulation and will necessitate the preparing and filing of a prospectus for a private offering of corporate shares (or the selling of units in a private REIT).  

Finding decent paying tenants that won't trash your place, run away after 3 months of not paying rent, or necessitate an eviction, could be a real challenge.

I had never considered that without permits, certain handymen (I now know a few), would produce such low quality work necessitating the job be completely redone with no method of getting the money back from the scumbag handymen.

Looking at the photos, it is going to need a lot of work but is there more than just cosmetic rehab that would necessitate a Building Permit?