For a first time investor, I definitely recommend house hacking for most people as homeowner loans are by far the best in terms of rate and LTV. 

Now take short-term AirBnB properties like one of mine in Miami.

Strong rental markets with low vacancy rates are ideal for long-term holds, while areas with high ARV growth are great for flips.

@Tim Delaney is an investor in the Buffalo market and shares many of your views on its long term potential!

As the new owner, you’ll want the lease and your landlord insurance policy to take effect as soon as you take title to the property.Temporary Lease Considerations:While short-term leases can work well, leasing to a seller long-term often leads to complications.

✅ Preferred loan terms (LTV, duration, etc.)?

If your mother does not want to carry the note long term, there are GSE renovation loans that can be used for both purchase, rehab, and permanent financing all in one loan.

On the initial agreement, it clearly stated that the buyer was going to be using financing and listed the terms of their financing

That term is generally used when zoning has change, such that it if the structure were destroyed, it could not be built back. 

I've selected Collin, Denton, and Grayson counties as my investment focus.My goals involve investing in small multifamily properties and long-term rentals.