It's a business, if you find some is abusing it financially (not paying rent) or physically (damages),, you push the envelope and write up a lease violation and if necessary evict.. doing regular inspections let's you bill tenant for undue damages when they occur.. and yet still have the deposit left to help when they leave.If you haven't yet,, download copy of the landlord tenant laws for your state.. 

Then, there will be about 2-3 people who really stand out; people who you just feel good about.

So, my opinion (Not legal or financial advice) is, do whatever you need to do to put money in the bank so you can make this a cash transaction.

Make sure your PM has experience so that your portfolio and financial well being isn't jeopardized by their learning curve.Best of luck to you!

to have control over my family's financial future

I work Bankruptcy operations at a major financial institution.

I see so many different methodologies that it's difficult to identify which makes the most financial and situational sense.

I found Groundfloor financial after calling around and they seemed to be much more "asset based" than lending home.

I'm one of them and I'm just across the bridge.Consider yourself invited to the Boston South REIA, meeting the 2nd Tuesday of the month at 7:00 PM at Radius Financial, 600 Longwater Dr, Suite 107, Norwell MA.

@Matthew Cochran Welcome to BP and congrats on taking the first steps towards financial freedom!