Its alot of up front work that pays off.

First 10 years is interest only, then after that you start paying principal/interest, but you can pay off the credit sooner and then as you pay it off you can invest in more deals once you get your other properties cash flowing to cover the debt service.

Hello, I have a rental property that is 100% paid off with no outstanding mortgage, and the property located in a northeast state.

Off market through a relationship with the broker who sold me my 56 unit off market.

Any tips you have when dealing with a tenant who consistently breaks lease, lies about property damage / repairs needed, does things like keep the heat off in the winter when shes closed for the one day a week.

Quote from @Lucas Hunt:  I will essentially be managing the entire property/collecting rent and my friend will not have to lift a finger.No offense,  but your friend would be better off buying the property for himself and paying a PM 10%.

When I would go down to SF I would go from my home drome straight out to Newport then follow the coast down if we had a tail wind that day great flight and generally 1 mile off the shore and an airport about every 15 to 20 minutes if needed..

I use Dunn-Edwards velvet for walls (please note that while stains wipe off, it’s easier to do touch ups with eggshell), flat for ceiling and semi gloss for trim.

Finding and Funding Good Deals" - really good book on helping you get properties for a good price even in this type of market.I would consume these as quick as possible over the next couple months, it will definitely give you a boost.I started in real estate AFTER the covid boom, and I'm doing well off. 

Tenant is moving out of paid off property in August.