Being able to have a conversation that takes all your details into account will get you a whole lot smarter and in a better position to decide.

Some times the best deals you snap up are not the best 6months down the track and you really wonder "Why did I buy this place" BUT KEEP A POSITIVE MIND SET!

It's very important to think strategically when attempting a 1031 in a sellers market - for the same reasons you're feeling nervous. 

Very high risk and far from dependable.In your position I would be looking to flip homes for the next ten years.

My goal is to continue to sharpen my tools, learn from all of you fine folks, position myself to find that 1st deal, and be a contributor to the community in any way possible as a way of saying thank you for all that BP has already done for me!

Hey @Brianna Williams - There are a ton of really positive aspects to Seller Financing!

The only positive is that this tenant has a huge deposit, whereas the other tenants didn't, so I could use it towards the balance if she does leave.

It would be great to connect with some locals or anyone that has anything positive to say.

Background: My husband and I own a few (mostly local) long-term rentals that all have a positive cash flow. 

This is for a note in second position for a property I have a lease option on.