You should only have to do this with the largest items- mainly couches/chairs and dining sets.

That being said, IRRRLs are the easiest refinances youll ever do.

In Oregon you can kick out who ever is living there unless the federal law regarding arms length leases comes to play..

Also, don't ever give credits, for the same reason.Reason #2:  If you buy it using an LLC, you can sell the LLC to another investor, keeping the tenant in place. 

You can check out their thoughts on how to approach seller financing here: Making Your Primary Residence the BEST Investment Ever (Better BRRRR!) 

Has anyone ever purchased a deal where a municipality owns the land and the improvements and rents it to the tenant to sublease?

Also (if you choose well), you are hiring a manager who has many more years of experience than you can ever hope to have, and will avoid rookie mistakes.The downside is that not everyone feels comfortable doing due diligence on sponsors.

If it’s in California they will chase you for state income tax if you ever sell your new property, even if you exchange out of state. 

Probably the hardest thing some of us ever do is give ourselves permission to risk failure to succeed. 

I will totally not ever consider such an idea...Thank you!