I would like to go forward with the seller financing route if I am able to get this property under contract for favorable terms for me.

I've seen 100 different structures. there's bigger players, more capital, a lot depends on the deal, track record, debt amount, returns, pitching to funds is way different. we separate construction financing and long term financing for the clients that build with us and help educate them.

By doing some of the work, you can stretch your budget to cover more improvements, thereby boosting the property’s market value and monthly rents.Tips for Building Your DIY SkillsStart Small: Begin with simple projects, like fixing a leaky faucet or installing a new light fixture.

Remember real estate is generally a long term investment and plan accordingly.

If I was in your position I would look to air bnb or VRBO the property you purchase in San Diego this way you will have less negative cash flow than if you were to rent it out to a long term tenant. 

Tenant Base - Contractors, NNN lease structure, 2-5 years lease term

It's a simple rental arbitrage. 

It currently is tenant occupied until October 2024 and after they move out I plan to use as a short term rental.

I'm particularly passionate about Mid-term and Long-term Rentals.Outside of real estate, I enjoy reading and going to concerts.Excited to learn and connect with you all!

We would like to start building our portfolio with a long term rental, preferably a duplex, using a property manager.