From a methodology perspective, I'm using the relevant fields of 362,386 county property card records in a series of queries to obtain the results.

I am trying to obtain my second rental property and was wanting to do so through a land contract to avoid having to put 20% down.

I say 30 yr mortgages to obtain the properties, then reduce to 15 after you get the numbers you want and want to hurry up and pay them off.I thought it was an excellent point about being a target for lawsuits.

Ferrari... may I ask how it was you obtained this Ferrari of yours?

That's how good financing is obtained on a long term keeper property.

You need to be more creative in obtaining the deals (going after the off-market stuff via good marketing techniques as opposed to trying to by stuff off the MLS), and you need to be willing to look at a lot of deals before you're likely to find a good one, but with patience, diligence and hard work, the deals are still out there.

In fact, what glory or legacy is there to obtain or leave behind in this life by denying others the ability to share in such a grand dream?

Another last minute gig is private loan insurance that insures the lender, this one is low, but they may obtain a policy and stick you with the premium, you should see that in the fess disclosed.Assignment of rents will be in any commercial loan, pretty standard, in the event of default they can collect rents and offset the loan.I'd suggest too that you verify title costs, insurance for the lender is often free, some charge.

I ask because I am in the process of obtaining my CPA and would love to know how I will be able to best serve future clients.

The owner does not have to accept another tenant, but any landlord that attempts to seek damages from the loss of rents will have a hard time explaining that the landlord chose not to lease the property in order to obtain a judgment against that last tenant....won't happen.