When the current shifts in your favor, you will be miles ahead of those sitting on the shore waiting. 

Purchase price: $219,000 Cash invested: $63,275 Buy and hold single family residence using a 203K loan What made you interested in investing in this type of deal?

you say youre in central coast maine, is that a specific city or a region? 

I am logging in mine on a simple excel but am curious how others are doing it / staying organized.

I like one of the suggestions that bryan had in terms of buying and renting all three units out. 

We manage properties in Florida and we live in Idaho.

My idea to buy a home is to get an 80% LTV 1st mortgage from a bank, take over that mortgage and give the seller a second mortgage for 50% of the 1st mortgage balance because I need some cash to cover the payments, which the amount of cash would be more than the remaining equity in the home.

I know that @John Underwood for example provides TV in addition to streaming at some of his places.

If you do not like bookkeeping/accounting/technology, hire a bookkeeper specializing in real estate investors.

Purchase price: $197,500 Cash invested: $32,758 Buy and Hold Short Term Rental In Cleveland What made you interested in investing in this type of deal?