While no one has a crystal ball, consider whether that amount is right for a downpayment for your family given the new area, home price ranges (which may continue to appreciate, especially if rates come down in 2024), and the resulting expected monthly payments on a new mortgage. $50k might be the right amount, but if you haven't already projected monthly P&I on the new home at $50k down, I'd recommend doing so before committing remainder to investments.3. 

@Mike RomanoHave a third party bookkeeper and be transparent with all payments and invoices

However, I'm facing a shortfall: I need an additional $300,000 for the down payment due to a delay in cash-out refinancing on three of my properties.

I am hesitant about collecting a partial payment.

Under lease agreement, tenant has 3 day grace period before late payment.

One apartment in the multiunit house is rented, and you plan to move into the other one to qualify for a better interest rate and lower down payment (25% vs. 5%).

This deposit serves as a form of protection for any potential damages or outstanding rent at the end of the lease term.Most of the property management companies offer various convenient payment methods to ensure a hassle-free experience for tenants.

If your loan is a short term loan with a balloon payment, then you are likely going to be required to refinance or pay off the balance. 

I would prefer interest only payments during the rehab period, if possible.

So to start this is a master lease and the terms are as follows.Rent paid to seller monthly: $1,500Down payment: $40,000Option to purchase property in 5 years for $175,000Or scenario 2 (whichever seller picks)Option to purchase property in 10 years for $125,000A little about the propertyLocation: Rural area so some rent increases and appreciation but nothing drastic4 units with rents at marketCondition: 4/10 livable but outdated and some deferred maintenanceMonthly NOI: $1,861Market Cap Rate: 9%Is this a good deal or would I be screwing myself?