Renewable every 50 years.2.

We've had 30 year tenants, and currently have a 25 year tenant, and several 10 year tenants. 

Negotiated a 2 year $15k owner financing at 0% interest.

30-Year Conventional: 7.01%30-Year VA Loan: 6.40% Drive Safely, Las Vegas!

It may be worth letting them know about the prequalification requirements (credit score over xxx, salary above xx,ooo/year, etc.) in advance to weed people out.

Quote from @Alston Ke: There are some posts many years ago about MSHB I'd like to know if anyone is buying any investment properties from them recently and your overall experience with Mid South Home Buyers.I’ve been investing with MSHB since 2017 and just bought another property recently.  

That is some remarkable appreciation in 2 years, bravo.

Here’s some context: Property 1: >$100k in EquityValue: $325kDebt: $220k @ 2.88% (30-year fixed)Property 2: >$70k in EquityValue: $325kDebt: $252k @ 3.38% (30-year fixed)Extra considerations: - I have $15-20k liquid to use for any of these deals- My current job is relatively stable, but not high-payin- Current properties in TX, living in NY, looking to invest in Mid-West (crazy, I know)- No other debt obligations besides the two mortgagesUltimate goal/timeline: Though a bit ambitious, I’d love to build up the portfolio to 10-20 units in the next two yearsI understand that any/all replies aren't financial advice; all ideas welcome for information purposes. 

It took three years and I lost over $200,000 on those deals alone!!

I recently worked on an amendment to some condo plans we did 15+ years ago and I had to re-calculate how we got to what was in the plans and the values changed over two or three iterations as the attorney represented what to include and exclude.