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Check out this post.How to find a mentorDon't be to quick to go full time real estate.

One of the best ideas I've collected when it comes to lawn care is for you to recruit your neighbors, hire a landscaping company, and work a group discount + management fee so that you're properties are maintained at no cost to you.

Please correct me if I am wrong.I agree that money should always be allocated towards the best choice for maintaining or increasing its value.

The access road/driveway and everything inside the gated community are maintained and completely funded by our own, solely by using the cash from the collected HOA dues, we don't accept public money. 2. that our country's law does not permit the HOA to put lien or foreclose the houses that are behind with their HOA payments.

The point of the entity is to protect your personal assets, which one properly maintained, arms length LLC will do.

I had a commercial loan with them at one time, real good guy.

You could do an installment contract with a change to the default provisions and perhaps having options with foreclosure, but doing that, you might as well do a note and deed of trust or mortgage.Deals to the poor in C areas will probably lead to problems, there is a crack down on predatory lending regardless of what the deal is with small borrowers.Most any installment deal that was done 3 years ago is most likely illegal now if the laws apply to that borrower or property, much less the deals done by old timers that have been done for decades, those are pretty much out the window.

Even the resale value would be suspect for me because the tenants would likely damage it or fail to maintain it properly.

Clean and maintained should be your expectation, whatever's cheapest and durable should be your "taste level". :) I would get the best looking but cheapest and sturdiest flooring I could find that works with your subfloor.