The contract/sale was never recorded on the deed.For those wanting the horror story on how I got into this Contract for Deed, here you go....Had all 5 properties rented, 2 two people I knew personally.

We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

Many reason I stay away from Condo's including:HOA regime feesUnexpected and expensive HOA assessment fees for upgrades or repairs that you may not agree with.RulesClose proximity to others that could cause disagreementsSaturation and competition on renting condo's ParkingI would personally never buy a condo for these reasons and look for a deal on a house.

If the rental property was your personal residence within the last 2 out of 5 years, it may be eligible for some exclusion.Feel free to reach out with more additional information as I'm happy to help as there a lot of moving parts here.

How do you keep track of insurances expirations, taxes dates, equity growth per house, rental growth in your area ? 

We used to have in-house inspectors but it was hard to scale and with our heavies season being that of summer months, at 1000+ units we weren't able to hire enough inspectors for the last day of month move outs and first day of month move ins and then still keep them fully-employed in our slower season in fall/winter.

I hear a lot about standard personal loans, mortgages, etc - but do banks or smaller players consider situations like the above?

Keep that in mind when you're starting your journey!

Jarrod, i would consider focusing on airtight around a personal guarantee.

You probably want to keep the management company separate from the rental properties.