As you know already - marketing for seller-financed notes takes a great deal of time, patience, trial, and error.

When giving access to your cleaner, there are a couple of options.

It might be worth exploring options for someone else to manage the rehab and for them to just manage the property once it is ready to be rented.Stay on top of things and don't let it get out of control.

What options do we have?

How did you finance this deal?

I listened to a few podcasts from Advanta on how to invest in tax liens in a self-directed IRA, however the management fees charged by Advanta are rather large compared to other retirement fund options...I also found a few audiobooks from the library and listened to them:Brian Mahoney - Tax Lien Certificates Property Investing.C.R.

The market rent puts all three together at approximately $2900 monthly.Now here are the details and costs behind the acquisition:Property taxes: $5000 yearlyInsurance estimate for all three: $3,300 yearlyC-class properties (not best location, their condition is about average - older properties)Purchase price: $250,000k$15k down and $235k seller financed at 6% interest for 30 years. 5-year PPP. 

I'm more interested in this approach vs REITs/ syndicates, because I reckon with the right partnership, I stand to make far more by not paying such high fees on those traditionally passive options.

How did you finance this deal?

I am weighing the options of converting my single family home into a rental, verses selling it.