Our long term strategy is buy and hold owner finance. 

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Are you looking for steady rental income or long-term appreciation?

HELOAN maybe, not many options for HELOCs on investments but what is available typically maxes out at 70%. 

Purchase price: $199,900 My first real estate purchase, which I converted into a short-term rental, I rented for half the year when I was away.

This insulates the Landlord from rising expenses over the term of the lease.2. 

Real Estate, short-term management business groups in Miami and its surroundings ?

He than stopped the transfer because he did not like the terms of his mortgage.

I don't have a preference for age in terms working with other folks but young can be good from an energy, optimism and having enough time to put in the extra hours when needed (usually a younger person is not going to have a spouse, 2-3 kids and a bunch of other responsibilities).

I asked an agent about typical bank appraisals for similar properties, and they suggested values between $100,000 to $120,000, which seems unrealistic to me.