This ensures a clean transition of ownership and responsibility for insurance purposes.

(Ensure no trespassing/squatters/maintenance issues.

The most important thing is to ensure your loan is covered in the event of a loss.  

This approach gives you the opportunity to thoroughly screen potential tenants, ensuring they align with your values and standards.

Use tools like the BiggerPockets calculators to run the numbers and ensure the properties align with your investment goals.## Financing OptionsFor Hard Money and Private Lender financing, it's crucial to build relationships with local lenders.

However, before you do so you should ensure that your revenue from rental income covers ALL your property expenses in the townhome, including mortgage, taxes, insurance, maintenance/repairs, vacancy, property management, etc...

If you didn’t hit some of your goals, analyze what caused you to not achieve them to ensure you don’t make the same mistakes again the following year.

@Zach Lemaster and his team was super helpful, supportive, and knowledgeable which ensured a super smooth purchasing process!

Together, we negotiated a great price of $20,000, allowing us to allocate more funds toward renovations while ensuring profitability.

Whether it's considered an arm's length transaction is debatable, but it's not illegal.Move forward with the sale and ensure full transparency with all involved parties, including your CPA.