Will this seller financed payment count as a debt if I apply for traditional financing in the future?

, 2) it manages the properties directly so there are many hands in the cookie jar, and 3) how/when/impact if "they" decide to liquidate properties and what would be the exact impact to me? 

Ha, hosts anywhere could apply this to their region simply by changing a few verbs and nouns.

I imagine there is not much of a relationship with the turnkey service after the sale and I would deal with the PM and Loan company directly. 

@Cosmo DePintoYou've received several responses and pieces of advice, but no one has directly answered your question (until now):-Has anyone had an any recent success using BRRRR in Huntsville? 

The direct appeal is to lenders (primarily commercial lenders closing in the $5M-$100M territory).

This is a move in the right direction.

One option might be to explore adding air purifiers or filters directly into the system to help mitigate odors.

Depreciation recapture applies at ordinary income rates capped at 25%, increasing your tax liability.

Information like: Do you want to manage the property yourself, or do you want to pay a property management company to do that for you, is important to know because it will start to narrow your options.If you want to be more of an active investor, finding the deal yourself direct from a seller, doing some of the work yourself to fix it up, and then representing yourself to sell it on your own is probably the most active you can be and will give you the highest return in the shortest amount of time.