Any suggestions on how to best structure the deal in order to put down less cash or be able to take the cash out if I buy it low enough?

OK, so I recently sold a local rental property and just went into escrow to buy a replacement.

If you want to be an investor, sell this one and buy true rental properties.   

@Parker Fairfield Are you selling a note, Buying a note or creating a note?

Investment Info:Single-family residence buy & hold investment.

I call this strategy "buy the block".

So bookings will mostly come from one or the other.The scammers go after low hanging fruit.

You won’t be buying in all cash so the loan that you pick will be very important in this process.  

G'Day Hughston,The best advice I could give would be to not invest out of state unless you buy turnkey.But that's just me being biased.The second best advice I can give is to focus more on the people that you will be working with over the stats/demographics of a specific area.I'm sure that this has been covered many times in the various BP books but to this day it rings true.You will heavily have to rely on the folks on the ground.They will either make or brake your investment so choose them wisely.If you buy the best house, on the best street, in the best area with the best capital growth projections.But your property manager is incompetent or a cheat.You will loose money.So, team first, area second.Much success

Hi, im thinking of buying a STR in PA(pocono lake, East Stroudsburg, etc) or Upstate NY.