We do not have an LLC as we would have had to put 20% down if we had bought it with a LLC attached.

Added attached garage, made all bedrooms compliant, increased bathroom size, added laundry room, reconfigured kitchen layout

I know I will need to attach my personal name to the loan when refinancing to build up my LLC.  

I'm sure there is a lot of emotion and attachment to the property, but is it really worth foregoing ~$250k? 

My thinking is that if a business seller gets a good size down payment, owner finances the balance at say 9% interest, has collected a couple years payments, and financials show positive cash flow, it might be worth purchasing the note at a 24% annualized yield, depending on if their are real hard assets to attach.  

Remember to deduct any cleaning fees and also make sure there are no outstanding utility bills attached to the unit.

I've also been thinking of steering clear of the market all together and just focusing on Real Estate, but I feel like that has some risk attached to it as well.

Purchase price: $298,000 Cash invested: $17,000Single-family townhouse.3bed/2.5 bath2 car attached garage1575 sq ft.Built in 2007Purchased in May 2016 to live in with an FHA.

My management company handles everything.When purchased:1 vacant unit, 4 units rented at $625/mo, 1 unit rented at $575/moCurrent:All 6 units renovated and rented at $825/moAll units have 3 bed/2bath and 1 car attached garage.These duplexes are likely worth more now, but I haven't had them appraised.How did you find this deal and how did you negotiate it?

Just going down to studs, redoing cement board and walls, new tub, new shower attachements, new tile in shower and on floor and then re-installing the cabinet, toilet and vanity I have already done.