I agree with the others here that say you need to have some skin in the game, if you are going to live there yourself, get an FHA loan rather than owner financing, you can get a 3.5% down loan, personally I do not love these as they require  PMI which is an additional expense, and you also need  bring additional funds for closing at least for taxes, title, attorney and transfer fees . borrowing from anyone else for the down payment, to include a personal loan from the bank is not a good idea, those again will be higher int. rate.

It will take time.3) Property management companies, chamber of commerce meetings, local commercial RE brokers, etc are all additional options to network and find people who do deals.

I pull permits for removal of load bearing walls, addition of bathrooms or bedrooms, addition of footage.

My goal is to find off-market opportunities and present quality leads that fit the needs of active investors.Since I’m working remotely, I’d love to hear from experienced investors:What makes a remote bird-dogging service most valuable to you?

Removing it cost us an additional $5k over our estimate.  

If you are able to add an additional full bath, it sets you apart in the market big time! 

You''ll need more down and additional reserves.

To support my seller and seize a valuable opportunity, my business partner and I decided to purchase the property ourselves.

I should add it will be a short term rental property. 

However, note that claiming additional depreciation will increase, not decrease, depreciation recapture tax (up to 25%) when you sell.Key Considerations (Updated for 2025):1.