The market did much of the work for me on this deal.

The market did much of the work for me on this deal.

I understand this would probably cut out bank financing for a while as a bank wants to see some form of steady long-term income coming in. 

Your new policy will be in your title holding entities name but when the broker prints out the ACCORD form that goes to the mortgage company it needs to list the mortgagors name on the top line with the acronym ATIMA beside their name and then your title holding entity name right below that.

Is it best to build business credit to use business cards as a form a of a down payment on closing costs in escrow?

@Wendy Schultz Overall it has been a great experience for me, I am starting year 3 with my STR.1.

Though for me I won't do an owner finance unless the person has 10-15% down either so that's really up to you how you want to structure it.Let me know if you have more specific questions.

In its basic form you are either creating a note and mortgage (or deed of trust) and collecting the payments until paid off or you are buying all or part (partial) of a note and mortgage that someone else has originated. 

Can someone help me with section 11 (maintenance use and reporting)? I used to write something very basic like "tenant shall water the garden" (11.B), but I would like to know what kinds of things should go under sect...

For me personally I want technology to be used.