This way, the seller gets 87k in hand, won't pay nearly as much taxes up front on a huge cash sale, will still be generating about the same amount of income as he is today, consistently for 20 years without the headache of managing it or insuring it.  

There are some construction loans that will fund up to 90% of the build costs with qualifying income but again my debt is just so high because of these other mortgage payments on my credit.Somebody help give me the answer I'm looking for so I can create this unique stay!

This maximizes rental income while you crunch the numbers, ensuring positive cash flow after factoring in all expenses.

Are there higher income producing activities that would be a better use and could make you more than what could be $25 a week to cut grass?

Owning rental properties presents an excellent opportunity to build passive income streams and create long-term wealth through property appreciation and equity growth.Furthermore, to explore various avenues for investing in the real estate industry, including partnering with other investors.

DSCR is great for Self-employed borrowers or business owners who write off a lof of debts and show little income.

Seller-financing is the only option for me as my income is through my LLC which isn't older than two years.  

Section 8 can be a great way to fill a unit rather quickly as well as generate income! 

Debt is not taxable income, so there should be no taxes due.I'm no lender, but you will need an asset-based loan like DSCR (debt service coverage ratio). 

Here are some common financing options:Traditional Mortgage: Obtain financing from banks with a down payment, paying off over time with interest.Hard Money Loans: Short-term loans with higher interest rates, often from private investors, suitable for quick acquisitions or credit-challenged investors.Private Money Lenders: Individuals or groups offering direct loans, with terms negotiated privately.Seller Financing: Buyers make payments directly to sellers over an agreed period, with terms negotiated between parties.Home Equity Line of Credit (HELOC): Borrow against existing property equity with a revolving credit line, typically offering flexibility.Real Estate Crowdfunding: Pool funds with other investors via online platforms for various real estate projects, offering diverse investment opportunities.1031 Exchange: Defer capital gains taxes by reinvesting sale proceeds into similar properties within a specific timeframe, useful for tax optimization.REITs (Real Estate Investment Trusts): Invest indirectly in real estate through publicly traded companies, offering liquidity and diversification.Joint Ventures/Partnerships: Collaborate with other investors to share resources and risks, leveraging each other's strengths for larger projects.Subject To Financing: Buy a property subject to the existing mortgage that's in place on the property (doesn't get paid off when the property sells).Assumable Mortgage: Buy a property and assume the mortgage that the seller already has in place.Lease Option: Rent a property with the option to buy it prior to a later date.Debt Service Credit Ratio (DSCR): A loan approved based on the income potential of the propertyThese options cater to different investor needs, preferences, and financial situations, providing flexibility in real estate investment strategies.Thanks,