You get favorable terms for financing and you get first hand experience of being a landlord and property manager.I hope your first deal goes great and look forward to seeing where your real estate journey takes you.

Since this was just a favor (I was not paid) he told me he would be willing to owner finance his duplex rather than traditional sale.

I would be more in favor of grandfathering those already in operation or a limited number of permits given even on a rotating basis.

The numbers she provided with the SBA 504 looked favorable and I could cash flow nicely right off the bat.

This allows you to pay for the value adds, make rent adjustments and decrease expenses in a favorable timeframe. 

I would have been screwed, but the builder was able to come to a pretty favorable agreement with the county. +1 on asking the city to adjust the bill down if you provide proof that the leak has been fixed.

Small amount in the big scope of things, that’s the most favorable term to conquer your fear

A variable rate loan should have also been highly favorable to them as we moved into an ultra-low interest rate environment.  

I’m still pretty pissed off because I did her a favor and she turned it into something very ugly.

It also has much lower cost of property taxes, and landlord/tenant laws tend to favor the landlord more on the Missouri side in relation to the Kansas side.Feel free to reach out if you would like more detailed info.