I observed the vandalism damage with my own eyes, then I wrote him a cash offer, but I offered him like 20k and he didn't take it.

Build a Financial FoundationImprove Your Credit Score: A good credit score helps in obtaining favorable financing terms.Save for a Down Payment: Start saving for a down payment on your first property.

If positive cash flow without your residence is achievable, the property could serve as a lasting investment post-move.

She always has a late payment

However, enforcement of due-on-sale clauses can vary, and some lenders may not immediately call the loan due if payments are current and the sale does not trigger other concerns.Disclosure to Buyer: When selling a property "subject to," it's crucial to disclose this arrangement to the buyer.

You can use a DSCR loan (you can find lenders by using the "Find a Lender" tab on BP) and not have to worry about a tax income or W-2s, the underwriting is done based off of the property's cash flow.

We never took out the equity from the property; however, if I were to do it again, I would likely have done a cash-out refinance or a HELOC so you can pull out the equity and roll it into the next deal.

Professional management and screening will have the largest impact on how your investment performs month to month from a cash flow perspective. 

If you own the property in cash, you can get away with whatever insurance you want and can even get $700/yr for a duplex.

If cash flow is more your focus, consider multi-families in Dayton and Cleveland, where you can see cash flow rates of 10-18%.