Buy and hold rentals? 

It is good for your owners if a repeat guest chooses another of your listings when the place they stayed before is unavailable and free marketing for you on every listing. 

Monarch is really nice though, and I've tried all the major budgeting apps because I'm neurotic about my finances but none of them hold a candle to Monarch.

Investment Info:Townhouse buy & hold investment.

If it were a cash transaction I'd suggest joint tenants with you holding a 1st position lien for the proceeds you injected into the deal.

Start building relationships with the referrals, and repeat.  

The main thing is to learn from it and not repeat the mistakes. 

I hope you like smokers, because they all smoke like chimneys and have no regard for flicking butts on your property....eventually my parents went on a trip and of course the sober house people had a perfect view of them loading up their luggage, and what ya know after 25 years of not a single crime...they were burglarized, by a homeless junky ******* that was friends of one of the residents or was a previous resident....The sober house operators were ******** and not cooperative....their are more than a few of their patients were loud obnoxious gang banger types, giving the hard stares and intimidation types of attitude.Lastly.... on more a general note... the affordable health care act made some seriously horrible changes to the way insurance can deal with addictions....it used to be that their was a limit to how many sober claims a patient could make, and then the insurance company turned off the tap....now, a patient can relapse as much as they want and the insurance has to allow them back into another sober program...it essentially incentivizes the sober programs to fail, because it assures them a steady flow of repeat customers.Lastly, I found the few sober house operators that I came into contact with, during this time, to be vile phony insurance fraudsters and street urchins, acting like their title made them actual healthcare providers.Just my 2c...and sincerest apologies to the 10%(if that) of the industry that are a really providing a quality and ethical service.

You can then use Transactional Funding if you choose, otherwise if you planned to buy the land then sell it later, you'd have to get a different loan type, which inevitably will cost you more plus longer hold time and greater costs over the double close and certainly over an assignment of contract.

@David Kuhlke lets assume the following scenario:- You have two companies (you own/control both)- Company A: This is the purchasing LLC that will hold title to the property- Company B: This is the lending LLC that will hold the mortgage, and fund the purchase of the propertyYou, on behalf of company A will sign the P&S, indicating that you are making an offer with no financing contingency.