You'll have to deal with the FIRPTA tax withholding, but that would only come into play when you sell the property. 

From a single family buying perspective, my only experience has been buying a new home 6 months ago, selling our current home, and talking with people I know.

We're doing a ton in Detroit yet and it's largely using our experience and market knowledge to sift through a LOT of garbage.

Does anyone have any experience with the cost ballpark and requirement to do this with a single residential (not multifamily complex)? 

Is this where a 1031 comes into play?

**Additional Tips**: Any other advice or experiences from those who have successfully managed medium-term rentals would be invaluable.I want to ensure that my contract is clear, fair, and legally sound.

I am going to try to have the current tenant this is occurring to take me to their bank so I can get the bank statements directly and be sure I am not being played again.

It was a smart play made possible by an area real estate broker who suggested it.

In my experience, there are some parks that allow investors to do business in their parks and others that only allow homeowners to live in the homes in their communities.

Hi I am considering offering seller financing for a property and want to get ideas on terms to offer and a general experience that any bigger pockets members had as this would be my first time offering this.