I like the feeling of being close by to my rentals and managaging myself. 

So the first seller agrees to direct title to holds the funds and when you close on that purchase you record a new note for the first seller on the second home.

Hello, We have a triplex in a lower-income neighborhood in the Tampa Bay area.

If you closing costs are also 10% of $350k thats 35k so you are at $315k - great you made $10k. 

I have worked with the closing team, renovation team, the property management team, and the customer service department.

@Mitch Davidson I purchased a property recently and closing in May.

I wouldn't touch Franklinton with a 10' pole on the existing inventory side. gravity 2 is being auctioned and sold by the developer the area didn't support office developer lost millions:https://www.bizjournals.com/columbus/news/2024/12/19/gravity...linden I agree on if you can get a good deal. super fast appreciation. small homes, close to downtown, you can look at year over year and it's going up fast but also fast to change. any urban adjacent neighborhood is going to be good. 

These markets are attractive because of their diverse, resilient economies, lower priced homes, and stable home price appreciation.

The last few years have been great for investors/homebuyers who bought pre-con, but looking back to the few years after the 2014/15 boom, this wasn't the case, where many had actually committed to buying a property that wasn't quite worth what they signed up for closer to closing because the appraisal weren't matching the contract price, requiring a cash top-up.

This also begins YOUR title seasoning, so that when you're ready to take out a traditional mortgage, you can refinance and pay off the seller without a title seasoning issue. you can buy title insurance from the title company at closing. this is a good idea.