I like the terms and this is my first owner financed deal as well as my first potential rental property so I don't want those factors to cloud my judgement.

I like the terms and this is my first owner financed deal as well as my first potential rental property so I don't want those factors to cloud my judgement.

Once lead is a known factor, it must be disclosed, no checking the box stating you have no knowledge of lead, so the seller and listing agent likely do not want the test performed.   

Just make sure you factor in all of the same expenses when figuring out your ROI.  

I have read in a book that an important factor in real estate investing is being creative.

The age and the condition of the homes are important factors.

There are a lot of factors to consider, and I would recommend flushing out the taxes with a CPA the first year to make sure you sent everything up correctly and don’t leave any money sitting on the table.

I'm taking a unit, which accounts for a 25% reduction in revenue, and then I'm adding a 10% vacancy factor which brings us to roughly a 35% reduction in revenue.

I know the cost will vary depending on the property Class type but I think it's important to factor in this cost since it's a consistent cost in the buy and hold portfolios.

Tenant screening is also a very big factor.