We loved the old charm of the building.

It is the easiest barrier to entry (best Interest rate and low down payment req).

The hardest part about direct mail is following up.

Does the effectiveness of each vary by location?

I would caution against a playroom as just like a pool or outdoor playground that brings a higher risk liability with it. 

I would just like to know if any of you had any advice for me on your journeys and how you guys were able to get to where you were.

The plan is to: - Make regular payments on the seller-held mortgage for the agreed-upon term.- Pay off the balloon payment at the end of the term.- Immediately refinance the property with a traditional bank mortgage to pull out a significant portion of equity. 

But we even barely get any clicks on the property based on the zillow report.

At the end of the day, the sellers looking to transact in creative finance transactions are normally the owners of real estate that cannot sell easily in an arms length transaction or are gouging  the buyer on price.

Hi all i am a new real estate investor and just bought my first rental property a few months ago and now have it all rented out.