While most people may think of an auction as a last resort to sell real estate, this mode of selling is becoming vastly popular all over the world.

I am currently looking to buy properties in an LLC and the above is my preferred mode of financing. 

This frenzied survival causes two things:First you are less creative in this survival mode.

I put 0% down (beast mode) and got a $10K seller's concession and oh, I was the agent and got paid $11K in RE commissions. 

I know you have spent a ton of money and are now in crisis mode trying to save costs but now is not the time to skimp to get them out and make costly mistakes.Good Luck.

Unfortunately, the property manager model is based on a really bad premise. 

In addition to that, he claimed he was dating a model. I

I like loans that run almost the regular length of a real estate cycle to give flexibility on when to refi or sale instead of the loan dictating what the owner of the property has to do.With 25 to 30 year amortization you tend to keep more cash flow and then can decide if and when you want to pay down more whereas with a 15 year amortization the real estate might have to run in a (property to perfection) mode to keep servicing that debt. 

I forgot to mention, I currently have a mouse in one of my units so your post was at the perfect time for me to be deep in the mouse hunting mode. 

At the beginning of wealth-building, everybody has to start in serial mode.