Hey Carlo, a seasoned PM or any PMC (should) come ready to manage your property with their own software (like RentRedi) but if you chose to provide said software, that would be up to you!

Given your situation, seller financing at 7% might be the better choice since it provides some cash flow, even though you lose out on tax benefits.

Have you ever had difficulty getting a loan with poor credit?

Hi Sal,It sounds like a cash out refinance DSCR loan would do wonders for you.DSCR Loans do not take into account your personal income but instead look at the income generated from the property to pay for the loan.

The plan is to use a 5% conventional loan to purchase a Primary residence.

Hi Carlos, In a best case scenario it would be a cash buyer or conventional loan buyer you would need due to the seasoning period of just purchasing the home. 

If you ever want to connect, I can help provide you with other various meetups that hold value. 

Since they are asset-based lenders, they will qualify you for a loan based on the property's projected revenue.

Beyond the financial benefits, this investment also provides an opportunity to spend quality time with my children and grandchildren, as we work together to manage and grow this asset.

I don't think there is a natural increasing demand via population growth, jobs, etc... that provides a tailwind for value increases like other areas.