@Marek BerrySeasonality does play a part but buying at the right price (with the understanding you will likely have a little extra hold time) will always cancel out the more minor aspects of a deal, such as seasonality.  

I am a licensed HML here in Oregon  that requires a NMLS license however don't owner occ as the liability and the extra paper work are not worth it.Credit union I bet will help you with  free and clear home

, but was unable to take advantage of the opportunity due to the problem of funding the extra $135k due a few weeks later.

@Stephanie Minor yes, I plan on getting a FHA loan for my first property, I'm looking towards a 4-plex but am hesitant in pulling the trigger due to the extra landlord-y responsibilities that would be involved in maintaining the units and tenants.

That said, the overseas investor (investor outside the USA) does have extra friction, hurdles or problems.

I'd structure the monthly payments so that you are making the mortgage payments yourself and giving the seller a little extra that goes towards the purchase price.

He's also an all around real estate attorney and I believe is the guy who drafts the docs that the WI Legal Blank Co sell that many in WI use for their leases, etc so I'd sure think he's well qualified for your need and even if someone who knows pretty well what to do is say $100 cheaper, I'd pay the extra $100 for Atty Petit in a heartbeat and get papers I know darn well should cover my a** in ALL situations!

If you agree to give them extra time--say, until the 18th--then you and the tenant should sign a Forbearance Agreement.

@Craig Wilcox I have heard that some companies pay monthly, but I don't know how is it possible, probably they charge the owner extra, so that they can pay the agent.I wish you success and growth in your business, thank you.

Do they need extra equipment?