You must understand the reluctance of brokers to lease these units - the total rent is low and the prospect tenants are a tough sell.

All the gurus & mentors tell you that you can do real estate with no money or credit, except, of course, for the money you have to pay them to learn plenty you could easily find for free online or just thru the School of Hard Knocks. 

HI Robert,There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible.

The cost of living is extremely low compared to other cities and you can still many many positive cash flowing and 1% deals here.

Id like to make clear that my niche market is heavy on cash flow given how very low the rental inventory is, and appreciation is slow due to the rural nature of the area.

I am assuming the lender even at a low LTV would require a first position, but just guessing as this is my first seller finance transaction.

If that could be re-thought and made a prime buying strategy - that had benefits for the seller as well (tax break/credits, etc)....?

Everytime I have a good opportunity it gets shut down by life or someone's stupid low price.

I’ll be making between $250-$300k, with some credit card debt I’m hoping to get to by August.

Hey @Dean Valadez, there will be exceptions but for the majority, rental real estate is a high CapEx / low cash flow business model.