Bryce - Looks fairly solid, but I have a few questions.... 1) Are you confident in the lending terms?

I understand the low value land plays in both owning selling CFD etc etc  No title insurance just quit claim.. its quite common in the Niche you are playing in.. the issue is if the orignal seller buggars the title somehow and you CFD buyer pays all their payments and now wants clear title and you cant deliver it because of this.. 

Where I lack understanding is at what point do you start making money for example you buy a duplex lets say it was 300k the monthly mortgage is 2,500 each renter pays 1,500 thatd 500 cash flow which is I guess “profit “ but as the landlord you're responsible for major repairs such as but not limited to roofs, plumbing issues, electrical issues that all can be expensive you would have to have money saved so that 500 cash flow is profit but wouldnt it just have to sit in a bank account? 

and how do I go about dealing with this.If exactly as you say, your lender is either new/inexperienced or used some version of a form found on the internet rather than have a solid, attorney drafted agreement.

But I do want to add my reasoning on my way.Here is what most people don't understand when it comes to credibility.If bill gates wants to buy your house... will you ask him for a proof of funds?

Trusts do have benefits, but the costs for you at this juncture may outweigh those benefits.Often times, what people truly want is to just be protected in the event the unforseen happens with the property, and thus, a solid, robust insurance policy is often the most cost effective route at this point.

If the answer is yes, you can go Nathan's route and maybe recoup a third or so, but IMO not worth it.We focus more on preventing these situations in the first place with solid screening and frequent inspections, once the damage is done it's too late.Milwaukee is currently the second most competitive market for tenants right after Mimai, FL according to the Q1 report from rentcafe.

Buying for $140,000 and selling for $163,000 offered a solid return.

Buying for $140,000 and selling for $163,000 offered a solid return.

I would tell you consider other states like FL, IN, OH, TN, AL, GA, even one state up from you on the Oregon Coast.You can find a solid 2-4 unit in all of those states under $250K.