The tenant wants to stay another 2 years.My other adult properties have often had long-term tenants.

I suppose he'll either learn to stay out of trouble or implode.  

Having a long-term rental while living abroad is do-able.Flipping houses while abroad, in my opinion, more difficult, especially if its your first go around with real estate.I would recommend taking a flight and staying in the area for a week and inspect the neighborhoods and make connections.You can reach out to @Elenis Camargo who has a PM company in Jacksonville.Best of luck though.

My 2 cents: it sounds like you've got to pick a lane and stay in it, become an expert, and level up in that lane.

Answer sure.. have to check if there is a due on sale clause or if you have a PG to the orignal seller.. that mortgage stays in your name unless there is a formal assumption  Maybe the example is more challenging for a house as the property.Ex. with vacant land - seller finances to me $20k with 5% down and $1k/moCan I after 1-2 months, then resell the land to a cash buyer for $25k, pay off the original $20k and pocket the $5k?

I want to stay in Cleveland.

If those people on the lease move and their 'guests' stay, you now have to deal with them.For late payments, how late are they? 

.- 95% of folks in pre or post NOD want to stay in their house, keep their house inspite of them 100% will loose the house at the auction. 

We are woking to by the park back so that our residents can stay in their home and not have to worry about having to go to a retirement or old folks home.All of you that disagree go dig in someone else's pockets.

However, always stay updated on local regulations related to STRs.In conclusion, Albuquerque presents a fascinating blend of opportunities for both new and seasoned real estate investors.