But you also need to check on them for updates so you know how your property is doing financially.

Yes, this comes with some risks and limitations and this strategy is not for someone without any reserve as it will put them in a very bad financial position.Thank you

You hit the nail on the head...that's where the SFH to Duplex conversion gets financially unrealistic.

I work full time at a decent job, but have quickly learned that I needed to make some changes in my families life by securing our financial future. 

I would make sure financially you have a good base and then connect with a local agent

Stoked for you and your journey to financial freedom.

Quote from @Shawn Questa: Hi all,I am curious what some of the Pros would do to Help a Seller in this situation while making a Deal happen.I found a 200+ day old MLS Listing where the Agent said the Seller is in Financial Ruin, hasn't Paid the Mortgage in a year, owes about 180k on an approx. 210k House and multiple Buyers have backed out.I don't know how someone could not Pay their Note in a year and not at least be in Pre-foreclosure. 

Another would be you are building other units next door/nearby and you can chalk this build up to the "learning curve".I didn't see a CFO on GLH or GLC's website, but I'm sure you have someone doing this type of financial analysis for your developments?

The rate might be .5% higher for the 30 year, but looking at it financially what if you took that $187/mo and invested it into the stock market at 7-9% returns? 

🙌 I love your focus on helping others achieve financial freedom through real estate – that's what it's all about!