The population has been growing here year over year over the last decade, it is home to The Ohio State University which has over 50,000 students that live here along with those that visit, and it also holds a diverse range of young professionals and traveling nurses to fill the demand of the multiple business corporations and hospitals stationed here.

So yes, you can fix and flip, or hold as a rental, or whatever.

So even if MFB was doing good and had no leverage or affiliation with the creditor, since MFA collapsed MFB investors are stuck holding the bag and are potentially going to get wiped out.

Investment Info:Small multi-family (2-4 units) buy & hold investment in Rancho Cordova.

The only time it makes sense to seller finance is if it needs considerable rehab and you hold a loan short term (12 months) to let them fix it up.

Now I buy and hold/rent.

IE, you have to book them as revenue when they are received, you can't hold them in a separate account and not recognize the revenue.  

@Scott BarberI used this equationto back into my maximum allowable offer (MAO)ARV - Rehab Costs -Holding Costs - Purchase & Sale Costs - Desired Profit as a percentage ofARV = MAO

For most straightforward buy-and-holds, assuming they are around 150k each and a 720 FICO, I would anticipate mid-7s right now pretty consistently. 

Once back in Maine, the goal is to begin purchasing small multi-family residences in order to hold and draw monthly cash flow.