Joint Base Elmendorf-Richardson, bah is high and acquisition costs aren't too bad if you look around.

@Ian Walsh I am constantly digging and trying to understand what solid deals look like.

While that's not your goal having to constantly find the subsequent properties meet emotional needs can be restrictive.

Otherwise, don't accept personal checks.As stated, rent to all jointly and severally, and accept only one check.

Or, you could look for a joint living situation; a duplex or a unit with a (aptly named in this case) mother-in-law apartment. ( i.e. not a zoned duplex, but two distinct living units in the same house- separate kitchens, etc.)

And my collections have become so much easier these days.When I had 10 to 15 houses, it seemed like I was constantly tracking people down for their payments.

You will get alerts for meetings.Meet cash buyers, joint venture partners, and support at the meetings online or in person.This is enough to get you going.

This is a constant fight in this area where property taxes are so high.

Regarding the forms, creative is talked all over the place, not just in the creative forum.The first thing you should do is findand are a RMLO to do seller financed deals for the buyer that's owner-occupied due to Dodd Frank and the ability to repay rule.The second thing you should do is to find a seasoned contract attorney that works with commercial and residential, but understands notes, contract for deed, land contracts, installment sales contracts, subject to existing financing, land trusts, property trusts, Master leases, master lease options lease with option, lease purchase,pure options, wraparound mortgages, joint venture agreements, private lender agreements, and more.Third, I would consider getting a real estate license if you're not licensed which allows you to network with other agents and solve problems especially with low equity dealsSearch Amazon for "Finance any property anytime"by James Misko, Who was a broker for 40 years, and has some great examples of creative financing, over 45 cases

I trust there there is clear caulk at the joint between the counter and backsplash.