The learning curve can be steep, but it’s also the most exciting part, especially if you’ve got someone who’s been through it and can help you make sense of the chaos.If you’re thinking about starting small, maybe a single-family rental just to dip your toes, that could be a great intro.

Hit me up for the answer sheet in my DM's and I'll send it your way!

I rarely take down a single family and when I do its for a rental. 

So many people get what you are dealing with.How you invest the distributions are really a personal risk vs. reward and risk tolerance point of view for you and your family.

One option you might try is to go to Bi- Weekly Payments, this way you collect on the same cycle as their paychecks.As long as both of your tenants still have their jobs, I would ride it out, the 2nd thing is how are they maintaining the property, are you going to have to spend thousands of dollars on repairs because of damage to the property.

It would most likely come down to price and what you can afford. 

I recently joined BP and saw your post.

Hi,If I buy a apartment doing a seller carry back, how do I explain to the seller how they are protected if they carry a 2nd position note subordinate to the bank?

Hey Jae do you have markets in mind?

They're assigned locally by the AHJ, so it can vary from place to place.