Is there anything I should/shouldn't do with this purchase in regards of my mortgage, down payment, etc. that will better prepare me when I look to purchase another investment property?

Any tips if I need 10k to purchase cash or suggestions for loans?

Purchase price: $199,000 Cash invested: $40,000 Long term rental What made you interested in investing in this type of deal?

In this section, I want to emphasize the benefits of seller carry financing, share success stories where it enhanced the deal, and highlight the tax advantages of utilizing a 1031 exchange.Seller carry financing is a powerful tool that allows investors to purchase properties with flexible terms and minimal upfront capital.

High paying local jobs.Monthly cash flow: $306 /moIncome:  $2,250 /moExpenses:  $1,943 /moCoC ROI: 2.69%5-year annualized return 4.91%   Mortgage payment $1,394.53Rental income: $2,250/mo Expenses: $1,943Loan detailsTotal cash needed $136,739Purchase price$ 336,990Loan amount $206,990Loan term 30 yearsInterest rate 7.1%Monthly expense breakdownTotal expenses $1,943Mortgage $1,395Taxes $280Insurance $47Variable expenses  $180Fixed expenses $42Monthly Fixed expenses: $42 electricity $0gas $0water & sewer $0hoa fees $42garbage$ 0Other$ 0Monthly Variable expenses $180Vacancy $180Maintenance $0 (new construction)CapEx $0 (new construction)Management fees $0 (self manage)ReturnsNOI$ 20,412CoC ROI 2.69%Pro forma cap 6.06%Purchase cap 6.06% 

Where as some old park in the deep south , Well is not if you know what I mean.I have a client I did bizz with years ago.. and they owned 5k spaces in Orange county Ca ( all of them debt free) they were brothers and started buying in the early 50s..

Purchase price: $309,000 Cash invested: $30,000 Sale price: $454,000 Full live in remodel including out buildings and dock - Built a hobby farm/hosting business too.

Local conversations are always better to get started...then once you find a location you're wanting to purchase in you have a really good baseline for what's out there.

I just recently purchased my 4th multi-family property this summer and now I am debating what my next step should be.

Many will tell you they can, but despite warning them over and over in the end, won't be able to do it.Fortunately I have a great lender that I've worked with for about 20 years that handles many of my international clients.