It's a bit complicated, but the interest is calculated based on the balance you owe, and that is why the interest amount goes down every month as you pay down the principal and lower the balance.

A bit more for the fee if you have complications;  classes of stock, voting rights etc etc. 

If you have specific questions about certain things ask.When I did it the process isn't that complicated.  

Unless it's a complicated Eviction - you should be able to do it yourself.

There were 100 +pages of closing docs.Our situation was not complicated, if it was we might have used an attorney.

It was a big job that was complicated further with a bad tenant at the beginning and COVID delays along the way.

This is a real issue for me - my screen name should be "I can complicate anything."

LLC might be possible, but I'm understanding this is a bit complicated and could affect the 1031.

We did find a fixer upper of interest...money pit in ways.1031 exchange is apparently much more complicated if your are looking to roll in construction costs for updates on target property....appears discouraged AND would take more time to plan and execute.RECAPOne of the plans is to take an investment property or two and do a 1031 exchange into a singe family home that we would rent out for a while and then eventually move into as primary residence. 

I do not want yearlong leases or other complicated terms right now, which no doubt the voucher people will demand.