Really depends on the scenario in terms of property value, cash flow, credit, and leverage. 

.- Tax Benefits of receiving installments instead of a lump sum payment.- Legal Options for the seller if the buyer does not make payments.- Visual/Explanation of how the loan looks on the HUD-1 at closing.Good Luck!

Sometimes, having a reliable tenant stick around long-term is more valuable than pushing for an extra $100 a month.

In that way, you could have the inside track to buy the property back at auction yourself or to benefit from a good sale price at auction.

It's usually used for short term purposes.

I own couple of single home rentals in Tampa Florida and have always wanted to transition from long term to short term rentals.

Yes, you can ask them to be out by 10/29, but if they don't leave what will it cost you in terms of eviction costs, lost rent, damages, etc.2.

Personal readiness includes long-term plans, maturity, and market conditions.

Long-term trends appreciate over time.

But- since you are a newbie, in lay person's terms, the answer is yes...but slowly and over a very long time. 27.5 years, to be exact.