The beauty of that arrangement is that I make MUCH better passive investment returns than I would if I invested in a typical syndication. 

I think storing your money somewhere safe that offers a return like a CD would be my personal choice because the difference between that rate and the interest saved is small and the money is there to use whenever or for whatever I need it for.

Im super well versed in the insurance side of things but not the investment property process -- i would love to connect with anyone who needs help with insurance and can help me start out too :)  Do you offer commercial insurance for STR in PA?

You should charge the market rent in the area you are in based on what you are offering.

How long have they been on market, what have offers been like, etc?

Hi everyone,I'm currently negotiating a real estate deal and would appreciate some advice on how favorable this offer sounds:Price: $3,170,000.0017 units50% down payment5% interest rateBalloon payment in 3 to 5 yearsThey're open to either interest-only payments or an amortized loan structureAdditionally, I'm trying to secure the best financing option available.How does this deal compare to the current market?

We tried offering seller financing, money toward buying down someones rate, etc.

All offers to buy/sell should be posted in the Real Estate Classifieds.

I understand that an advantage of note ownership is that its typically viewed as a more passive investment (no 3am toilet phone calls) and that is what attracts me to this concept. 

Sorry to not offer a connection, but for this one I think your best bet is to find the "land specialist" realtor in the area and get a CMA.If you want an extremely precise number hiring an appraiser is most likely the move.