(the seller side) This is for those involved or interested in becoming involved in creative finance, especially SubTo.

That's just a creative excuse by a lazy cop.

You also will still need to manage your property manager  - ie, stay on top of expenses, ensuring your property is being managed effectively etc. 

Self-proclaimed “Short Sale Queen” and associates indicted in federal mortgage fraud scheme
Tuesday, December 3, 2024
For Immediate ReleaseU.S. Attorney's Office, Eastern District of Texas
PLANO, Texas – Thre...

For us STR hosts, I know we are very conscientious about guest experience and I want to be proactive about doing things to ensure my business operates successfully.Thanks!

They assured me all they needed was for the power company to come hook up the power so they can get the HVAC technician in to ensure the HVAC system was good then they can do the finishing touches while the house has Air conditioning and power.  

Are there any creative ways you’d recommend for me to identify and approach motivated sellers or uncover foreclosures?

How does the buyer ensure that the proceeds are used to pay the first mortgage?

Also, ensure you're compliant with New York's security deposit laws, which cap deposits at one month's rent.

Just focus on running the numbers carefully to ensure the property cash flows or at least covers expenses, and don’t hesitate to lean on resources here for advice.If you’re financing, look into FHA loans, as they’re great for first-time buyers purchasing up to 4-unit properties with low down payments.