Because the buyer has poor financial discipline which is why they can't qualify through a bank.If you have good financial discipline but just have bad credit due to unfortunate events outside of your control (e.g. medical issues) then my recommendation is to work hard to recover your credit and save up the funds necessary to purchase.I'm using seller-financing right now to purchase six apartments but it's because the terms are more favorable to me and the seller, not because I can't qualify through a traditional lender.

It would be PA in this instance.In the event that you decide to invest in NJ - you have 2 options Using the same LLC to purchase the property in NJ.

It helps to be a member to local real estate investment clubs and events. 

Tenant liability insurance protects you in the event there is a tenant or guest liability issue.

Also I maybe the only one of those that posted here that has actually been to many of these events as an invited vendor.. ( I financed students purchase's of properties.)its amazing really if you read this post you think its all a bunch of noobs doing this with no clue.there are a large amount of veteran agents who buy these courses...

So typically capital is not returned until a major event(refi or sale), that makes sense. 

Point is, in the unfortunate event of a disaster, I would highly recommend being your own General Contractor and not using a "storm/fire chaser". 

Go to a grocery store that sells Lowes gift cards during Black Friday events.  

There are however a shortage of event spaces in the area, so a large home on acreage where you created an event space might still get you some solid numbers. 

It has been a very financially tough event for me.