What was the actual interest rate charged? 

I've noticed a trend: the OG's that went through the GFC 2008-2010 meltdown are fine with a low return on equity and cash on cash return, avoiding mortgages and paying with cash, while the Young Bucks are all about maximizing leverage, $0 down strategies, creative financing, "infinite returns", growing the portfolio to the moon as quickly as possible and measuring it by number of doors as the primary metric instead of equity/ actual wealth. 

I happen to know that postal delivery people scan all items prior to leaving the post office, and not when they actually delivery the item.

.- Low operational cost- Good seasonality markets- Should be easier to operationalize service via property managers remotely.What are some of the strategies that have worked?

The 78 year old must be giving you white glove service. 10% they should be doing everything.

@John McGuire, while this is ultimately a question for both an attorney (are you actually creating any real protection by holding in an LLC) and a thorough review of your actual mortgage agreement regarding transfer of ownership, I will say two things:Typically, services don't care if you transfer ownership with your mortgage.  

I actually think you need to commit to a type of renter or the murphy gives you flexibility for a smaller family. just a jumble of thoughts on the topic.   

Actually, the Town May Be Wrong.

or is that your actual money?

We just closed a duplex for a VA buyer yesterday and this was the same situation they were in so we had to actually sell their first home to open up the entitlement capabilities to then buy a better property that they will occupy for 2 years, then move to the next project.