Good school districts make for better long-term investments, so it’s something to keep in mind when choosing a property.So while schools might not be your number one factor when flipping, they can definitely help increase the speed of sale and final profit.

The deal has enough skin on it that we will still make a nice profit (its a multi unit with other units so this isn't our whole budget) so thankfully just comes out be a learning experience.

And that we have to underwrite an enormous number of deals to make a few pencil.

However, what extra steps do i need to take to make sure she will do as she says?  

Or sell it and use the money to recast on our sfh.

Purchase price: $25,000 Cash invested: $35,000 Another great rental with owner finance and private money loan What made you interested in investing in this type of deal?

Demand payment within 30 days or threaten to send them to collections, take them to court, or whatever you plan to do.If they don't pay, move forward with court, collections, etc.Taking someone to court may get you a judgment, but that doesn't put money in your pocket.

Lets first start with I am basing this on traditional bank financing compared to hard money.

Make sure you understand the monthly deductible, and that the rent and maintenance guarantees don't kick in right away. 

I plan to focus on short-term rentals in a property that I’m house-hacking, and hopefully move on to multifamily properties from there.I purchased Brandon Turner’s books Rental Property Investing and Investing in Real Estate with No Money Down.