We're looking for our first investment opportunity.From what I know about the Roswell/Marietta to Kennesaw/Cumming area, there is certainly a gentrification effect occurring in what used to be some of the slummier and less popular areas (similar to certain ITP neighborhoods). 

Back  in the late 70's and 80's owner financing was very popular.

DeSoto is a great choice.  

Any background on the Tokyo market choice?

These earnings can be used towards buying another investment property, and then another, and another, and then a home somewhere in between these roll up acquisitions.Of course there are personal wants and desires in making this choice to buy an investment property 1st Vs a home for your family.

I just have choices now buying a nice car early on wouldn't have afforded me.  

Then take that info to a lender of your choice to establish the preliminary financing structure.

All references cleared up (credit score, landlords, employers, etc. )I know I could have moved on to the next applicant but I like giving ppl the benefit of the doubt and in her case, I think I did the right choice. 

Here we do not have mortgage terms longer than 7-10 years and most folks use a 5-year term, so the concept of ones mortgage rolling-over every few years is par for the course ... you simply renew/refinance, or pay out, as your mortgage comes due.On those 5-year terms, you have a choice of either a fixed-rate mortgage (on a 25 - 30 year amortization) or a variable rate mortgage (which floats with the prime rate).  

Get the Best DealNever be in a hurry when it comes to purchasing property of your choice.