Now, if the deal is so sweet that someone may want to step into your shoes prior to closing for a large fee, make the contract including the seller financing terms freely assignable and ironclad.Good luck.

This makes it harder for a buyer to evaluate and feel comfortable paying market price for the property. 4.

You’ll want to make sure the rental income comfortably covers the new mortgage, taxes, insurance, and any maintenance costs.

I'd feel more comfortable with 50/50, so the next big chunk goes to RE. 

Most agency lenders, Fannie/Freddie have been asking for 65%, knowing that there was problems on the horizon.You need to ask yourself where do you feel comfortable with debt levelsGino

Its a local business, not a national service which gives me more comfort as I'm not a fan of "home warranty."

Are there any lenders that anyone is aware of that would feel comfortable lending about 325k for a 5 unit property?

There are so many rentals in the area, probably on shared wells, so those people have either decided the STR use is okay or they are comfortable risking it.My intuition is that any actual disagreement over water usage could be handled with the other owner; but the risk would be if the other owner just doesn't like the STR and wants to use the well agreement as a reason to demand it be shut down.Any advice would be greatly appreciated!

Ensure the STR’s projected income comfortably covers new debt, even with conservative occupancy rates, and maintain reserves for market changes or vacancies.

First, a lot of people with Section 8 vouchers end up staying in the same neighborhood because it’s where they feel comfortable, where their family is, or just because they know the area.