Normally we are ready set go.  

There would be a point where you would also take that money and try and also buy rentals to hold properties for appreciation as well. 

On a related note, and I am running it by my CPA as well, but was just curious if anybody had issues deducting interest paid on seller finance deal?

We also used PenFed for a HELOC, and that went well.  

The biggest challenge I have right now is choosing a company to set up the homes they are all so expensive.

My husband and I purchased it at $485,000 (well below the asking price of $550,000).

They aren't throwing it within my fenced area but my property line extends to outside the fence as well.

Make sure you screen well and hopefully they won't be.

The appraised value is exactly what I estimated, as well as the market rent and expenses.

I want to say he was from Louisville, KY but no amount of searching is helping me...I don't recall the specific episode you're referring to, but based on my experience, renting to non-profits hasn't worked out well.