Our posts crossed so I was not aware that your mother was fine with both options (payoff now or installment payments).As Jeremy posted, it now mostly becomes a math game regarding what is in your best interest but I would still weigh the value of 'making good' on the original loan from your mother.

How to charge for things outside of rent: https://helpdocs.cozy.co/article/183-how-do-i-charge-my-renter-for-things-besides-rentFor additional questions tell them in the intro/bio of the hime tell them an account is required because of back ground check/credit check and then also state you hace additional questions and need to send an additional email. heresca good video on how cozy will walk the tenants through from start to finish: https://helpdocs.cozy.co/article/203-video-how-to-invite-your-tenants-to-pay-with-cozy for back ground and credit checks as long as they fill out those two sections they dont need to complete the rest of the application in order have those two checks completed. here’s how to get your payments quicker with a feehttps://helpdocs.cozy.co/article/179-what-is-express-payoutsheres a good video to watch for an overview of cozy. https://helpdocs.cozy.co/article/303-video-intro-to-cozyhope all of this helps!

I have seen a lot of this one BP were investors have no clue as to the repercussions of being a junior.. its OK if you know what your doing .. but for the average investor who has never lent money or new to the game junior position investing is highly risky for exactly the reasons splained above.  

I am new to this investing game.

@Danny Webber thank you I appreciate the truth and if I need to take more time building my cash pile to have more skin in the game by maybe wholesaling or just working than that's fine.

Hi - completely new to the game of rental real estate.

Judging from the first few pages of the beginner's guide, I think we're looking at possibly doing some buy and hold strategies on single family homes and duplex/triplex/quads, since we both love our jobs and aren't quite ready to jump into the real estate game full time.The amount of information to read up on and understand is dizzying, and I have never so much as held a mortgage of my own. 

Lenders want you as an owner to have "Skin in the game".

For the most part it doesn't matter and is purely a numbers game, but you will probably have less competition if you avoid the absentee owner lists as that is seemingly everyone's first stop.

There must be a reason why.Rajah your quite amusing... this is an investor buying a property.. the other lady is trying a sales gig she never did before apples and oranges.. we buy property at auction most every week.. its the name of the game.