Your question does bring up a very good point.  

You will start to get the hang of it and put processes into place to stop or change the situation up, or just not buy the property because you know what they may run into. 

For context I grew up in howard county and now live in Carrol county.  

That's awesome about the meet up, it will be great to connect with other local investors!

My company also provides insurance, 401(k) matching up to 4%, 2 weeks PTO that can be used immediately, profit sharing ($1200/year), and weekly bonus/commission opportunities.

Hit me up if you want to learn more.I wish you all the best.

Mortgage stays in seller's name but is paid by the buyer through a promissory note (aka contract)Mortgage Balance: $102,000 Interest Rate: 4% PITI: $531/monthSELLER FINANCE PORTION: Seller Finance: $300/month to seller for 53 months (4.4 years) = $16,000 Total House Payment: $831/month (PITI + Seller Finance)NOTE about CLOSING and seller: Seller would like to remain in the house until November 12th, 2024.

This is the most complicated piece because you are essentially the mortgage originator (which might run into licensing concerns depending on how many times you do this and your state), and you need to make sure the person who is buying is a good borrower.3) close with a title company or lawyer (state dependent) who knows how to deal with this type of transaction4) set up an account with a servicer to collect the money from the borrower (not required, but highly recommended from note buyers)5) collect payments

You can set up templates to save time and customize them to match your brand.

Hi,My wife and I purchased a home last August and set it up for a STR.