Problem is; lately I've been looking at information related to being a landlord and well... it's really complicated.

Other states had very expensive and very complicated licensure.

This becomes even more complicated in that the renter who called me, says that the other tenants are fine with him being there.

Your way sounds like you are adding a layer of complication.

Seller financing is not dead, but it's more complicated for most everyone.There is also the issue of collecting payments or loan servicing, to do that you'll need a license, so I'd suspect that these exempt loans that might be made will need to be immediately assigned to a loan servicer, there will be a fee.And again, this is for those who are exempt, it won't really apply to an investor/dealer selling non-owner occupied homes, check you state laws. :)

Payments can be made in a number of ways, monthly, quarterly, semi-annually or annually, I suppose if you wanted to get complicated you could pay weekly.

Mostly to review my first off-market purchase agreement when that happens, and having someone on call in case complications arise.

I know there are some very complicated ones but does any use a basic one....when you figure your mortgage do most use a 30 year payout 15, 10?

We have 63 units in 11 buildings.To make it a little more complicated....some are owned in our names, but some are in LLC's (3 total LLC's).I've called my local agent who insures the smaller buildings (under 4 units).

The problem is this: the property that I want the most is further away (about an hour and a half from home, and 30 minutes from work), and it is actually in another state, complicating the tax situation.