We currently use Stripe as a payment option for debit/credit cards and tenants do NOT have to set up a Stripe account.We have integrated RingCentral into our business as it has one dashboard for: slack-type internal chat, phone, text, fax, video calls.

My wife and I moved to main house and rent the guest house as STR What made you interested in investing in this type of deal?

The problem is if you get hundreds and thoursands reviews, you will receive bad reviews no matter how perfect your service is.

We're a turnkey provider in Little Rock and Memphis markets and we provide management services as well.

What type of stipulations would we have to lay out for the seller if for any reason we couldn’t secure financing to make that balloon payment after year 3?

-Being able to give your tenants the professional experience of timely responses, quick attention to maintenance, using the on-hand already vetted roster of vendors, providing a sense of formal hospitality and customer service... can be worth the management fees. - Staying compliant with various tenant laws and fair housing policies is also a big factor I hear a lot.

What made you interested in investing in this type of deal?

If it’s been sitting that long, the market is telling you something—either the price is too high, or the demand isn’t there for that type of rental.

Non Recourse Loans are the type of loan required when leveraging investment property within a self directed Solo 401K or Self Directed IRA.

Im not a fan of seller financing unless that property is free and clear and the seller is offering reasonable terms NOT on money they have borrowed. just too many people get into this type of thing without understanding the whole picture, like title being moved into the buyer's name, due on sale clauses... etc. etc. also, just because its a very commonly overlooked guideline which makes financing on 3's and 4's a little challenging: FHA requires the property to self-sustain its own PITIMI by the rents.