You'd have to put down an extra-ordinarily large amount to hold the 50% rule.

You also may want to check on the wax ring on the toilet a bit more often than ordinarily.

@Mindy Jensen Ordinarily, there should be a step-up in basis.

Whereas you would ordinarily indicate earnest money, down payment, financing and total purchase price... in an owner finance deal you would spell out the exact financing terms such as:Seller agrees to finance $x of the purchase price at y% interest over z years, secured by a first lien deed of trust.

This is a great strategy to get awesome terms on an investment property that you would ordinarily not be able to get.

Deducting those fees will go away in 2018 with tax reform so I'd argue there is possibility for tax savings especially with the increasing number of properties.Hopefully this helps someone track more expenses that they ordinarily would have eaten as a personal expense.

If the house would ordinarily rent for $2,000 a month, that comes to $400 per room but you are probably including utilities, TV, internet, etc.

But it is also my pation to get my hands dirty and make something wonderful out of ordinarily. 

Ordinarily I would not be shy about the value of any of my skills.

Ordinarily I like to use leverage, but I always like to caution new investors to consider taking small steps when moving into commercial.There are many different types of commercial properties and they each have different dynamics.