It sounds like my refrigerator/freezer is passing away! I would love any advice on landlords' favorite brands or models that last well and are not complicated. And are there any tricks to for the purchase as a landlor...

This is not including any financing costs and closing cost which can easily bump that number to 23k. 

Seller Financing OfferPurchase Terms1.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

You will appreciate what a couple of month of effort and education can do for your credit with very little financal output.

Look into local tax incentives and financing options, and reach out to local real estate groups or mentors to better understand the market.Good luck!

As far as rate is concerned, you can usually go about two points over the current rate (less closing costs for a seller financed deal so there is no real expense there) You need to make sure the borrower can cover that.

Unless your team can put in 10% of the total money raised, you will have trouble obtaining financing. 

Who did you use for financing? 

Inherently the steps are the same as if you were purchasing with financing save potentially less closing costs and ability to close sooner (if needed).The terms of your offer (ie -contingencies, closing cost splits etc) will determine what is different.