HOWEVER I currently have a single man who filled out his application and negotiated 10% lower rent with me.

Here's the rundown:Grandmother owns house (free and clear), her daughter lives in house as well with four children.Grandmother passes away, leaving behind Living Trust with a single asset (the house).

I am always down to talk about real estate investing in Columbus, Ohio.I can share insights on investing on both single and multifamily properties, including out-of-state investing.

So I posted the other day asking if I could get around passive income on my rental properties so I could contribute to my retirement account.

I won't be investing in the riskiest/most supportable asset subclasses such as hotels, and tilt my portfolio the ones that have historically been more stable such as multifamily and single-family housing.

I vote no for single and multi units unless you're going to add nice ADU duplexes with the extra land, take advantage of the SB1033 ADU/condo and SB9 lot splits.

@Vasudev Kirs all HOAs have bank accounts that are able to pay for capital expenditures in the development.

Additionally, we may include clauses allowing for mortgage assignability and a balloon payment extension if the property fails to appraise for a specified price upon balloon expiration.Find below the 3 single-family seller finance deals that have done so far. 1st Deal breakdown: Purchase price: $330,000 Loan amount: $305,000Monthly payment (P&I): $1,181.55/mo40-year amortization at 3.5% interest rate20-year balloon paymentMarket Rent: $2,100/mo__________________________________________2nd Deal breakdown: Purchase price: $200,000Loan amount: $175,000Monthly payment to seller: $500/mo0% interest rate 7-year balloon Currently rented month-to-month for $1,200.Market rent: $1,750/mo__________________________________________3rd Deal breakdown: Purchase price: $175,000Loan amount: $160,000Monthly payment to seller: $437.50/mo0% interest rate 7-year balloon Currently rented month-to-month for $1,400.Market rent: $1,500/moFeel free to reach out if you have any questions!

Also easier to separate bank accounts etc You don't need to put the rental in an LLC.

It is a long football field shape lot, with a small single family rental home on it.