I have enough cash to buy a second which is where I'd like to start learning the BRRRR strategy so I can get back some (or all) of that cash for the 3rd property and so on. 

Furthermore in your contract language you may be able to defer some or all of your maintenance on to the Leasee.

East side in particular.Look forward to working or talking to some or ALL of you!

Resident has not caused management any damage by violating any terms of the a written or oral lease or rental agreement, or by breaking the law.2.

the lease does not exist. they supposedly were paying to somebody but cannot produce the lease...which does not mean anything ...this means I need to honor the oral lease. the owner is deceased. they are not squatters ..they can prove they live there ..personal belongings, mail utilities under their name.

In an all-inclusive mortgage or all-inclusive trust deed (AITD), the seller carries the promissory note and mortgage for the entire balance of the home price, less any down payment.Junior mortgage.

Hello all,I currently work an 8-5 job that is very analytical and numbers-oriented.With a solid background in finance, I would like to leverage my skills in analyzing deals and get started in the real estate investing arena.GOAL:Purchase SFR (3/2) rental property in the next 12 months to create passive income sourceRequirements of SFR: ≥$200 per month in cash flow (Income – Operating Expenses – Debt Service)Use property management companyGood location (schools, low-crime, etc.)Certain property condition criteria (ex. no foundation problems, etc.)Financing options: Seller financing would be ideal, but I understand this is 1 in 100Most attractive alternative:Conventional loan – 80% (thus, 20% down payment)Most or all of down payment financed through private lenderThus, my only out-of-pocket costs would be rehab expenses (but best case scenario if private lender can cover those as well)As you can see, my goal is to buy an SFR with as-little-to-no money down as possible (at a nice discount, of course) and create instant equity through forced appreciation.A few questions for you experienced investors out there: Does this financing sound reasonable?

Guess it depends on what tenant buyer I get for it) with selling/assigning to tenant buyer as an exit strategy.Tenant buyer terms:Purchase price of $138,000 in 2-5 years$4000 non-refundable option $1200 rent (average-high on rentometer)offer seller concession for closing costs instead of rent credit (heard mortgage underwriters like it better that way)and tenant buyer is responsible for all maintenance under $500 (or all?)

If the first offer falls apart, the seller can choose from any or all of the back up offers that may be out there.

I could be moving across town or all the way to Colorado!