Like should I have a folder on my laptop for the tenant and keep a copy of each payment I receive from them?

Got an equity line of credit and borrowed from it to pay cash for the property.

My main concern is how to avoid activating the due-on-sale clause when transferring the deed.

And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?

Would it be wise to use a HELOC on our current residence to use for a down payment on a new property You can make $ investing anywhere.

Good luck on your new adventure.

@Drew Murtaugh it is going to be very hard for you to do this type of deal on your first go around.

It was a great crash course on the basics of a RAL business from location, staffing, patient selection, and branding.

I'm planning on putting 25% down because that is a requirement of the loan.

Buyers don't look for financing and its foreign so they don't jump on a forsale listing on zillow.I've had the best (only) luck with zillow rental adds,   starting with the pitch;  rent to own, live in a great home while you pay off owning it.