How has your experience been like? 

I prefer markets that experience mild winters to eliminate the added costs brutal winters can bring. 

We closed and the Dundee property was listed for rent late August.105 days of vacancy, three rent reductions, and two PM teams later, I’m stuck with an unrented property that, once rented, will cash flow negative each month (and that’s excluding the cost of the 100+ days of vacancy).I later learned that the initial PM team I was paired with actually did not have any experience with RTR.

I’d love to hear your thoughts, experiences, and any advice you can share.

I'll just say that nothing is going to teach you more in this space than practical experience.

But even then, seller financing is rarely substantially better than another investment they could make (including trust deed lending, which will often be at a higher rate than seller financing)In my experience, the owners who find owner financing advantageous are at the ends of their careers and are not interested in looking for another investment (other than the usual retirement funding sorts.)

I'd love to hear your thoughts and experiences!

Quote from @Marc Zak: Anyone have experience on the issue of getting insurance on a property held in an LLC?

Happy to share some out of state investing experiences.

On larger deals, I've actually seen LTVs come down in the 50%-65% range, depending on the type of property/experience of the developer.