The main downside of this is that you will start accruing interest from day one of the loan, versus a HELOC that will only accrue interest when you make your draw(s).2) I would suggest speaking with your accountant and/or attorney. 3) I wouldn't be very excited about a $200K house that is going to yield $1,200 - $1,400 per month.

Mainly Rock Springs and Green River.

This will be my first owner financed sale in California.The main goals: Control and protection, Ensuring that in the event of foreclosure the process is quick and non-judicial.Anyone who has carried back a note in this state who can share their insights would be much appreciated. 

But the only sure thing is that we will continue to get older.This week brought fresh evidence for me, as if I didn't have enough already, that the main question you have to ask is not to decide to do this or not, but whether your spouse is fully on board for going ahead with real estate investing.

MY WHY: I grew very frustrated with not having enough time to do the things that are most important to me (mainly spending time with loved ones and tapping into my creative side).

Like Jay, I have invested a lot in 2018...mainly MHP, SS, and select MF. 

And what makes it difficult is it mainly the tenants or is there other aspects as well?

It is mainly carpet in decent condition, eventually I would want to change it all to hard floors.  

Check their website for current rebates, sometimes it can almost entirely offset the cost of running the line into the house, assuming the main is available on the street.I converted my primary residence this past winter and saved a good bit. 

The main difference between the homeowners policy (HO3) and dwelling policy (DP) is the occupancy.