Initially I would keep 3 of the units on 12 month leases, and utilize the 4th as the furnished month to month, for proof of concept in the area, before converting the other units. 

I’ll provide an overview of the situation and my thoughts/attempts on how to structure the deal.Owner: He is in his 70s, payed off asset, appreciates the return profile of his property but is no longer interested in the management and hassle aspects.Details: Before I even asked, he mentioned that he isn’t sure where he stands in terms of depreciation and is somewhat concerned about the tax implications of selling.My initial approach to discussing creative financing: Me: "Have you heard of or would you consider seller financing?

If it were…you bet your *** that the real estate world would hear about the lender who is initiating a ton of foreclosures.

Hey, Noobie here but am looking at MTR as an initial step into real estate investing.

This is expensive from an initial capital and maintenance standpoint and I've been on the hunt for a better way.One option that I've found is installing BTU/Flow meters (Istec 4440) on the supply and return lines for each heating zone (one zone per unit).

They require a good faith deposit which is the initial scam.

So initially there was at lease 15% equity and on some the appraisals came back higher so there is even more equity. 

Hey Ximei,I totally understand wanting to maximize the impact of your initial investment, and if you're open to taking on a bit more complexity, the BRRRR route can be a game changer.

But most of the positive reviews I see only mention the initial presentation (which reviews always comment on how great and informative they were).

There is a $500 per day penalty, up to $10,000, and imprisonment of up to two years for the WILLFUL failure to file initial or updated timely reports.Where to file the BOIR report?