That risk, of buying land with impairments, goes with the territory.

Start with BiggerPockets Ultimate Beginners Guide (free).

This would be done by leveraging private funding for down payments that will be payment free for two years but then paid out with a balloon payment plus interest on the back end via a tax excluded sale of our current rental property in two years, giving us a very large payment of tax-free income.Thoughts?

Focus on making sure your first property is basically maintenance-free (barring unforeseen circumstances) before thinking two or three ahead.

I'm playing devil's advocate here so folks can know the risks of a seller-finance deal.

But, it also means more work in managing, tricky loan processes, higher start-up costs, and the risk of market changes.Lubbock, with its high need for rentals and low-cost living, is a top spot for duplex buyers.

The first discussion is usually for free.

@Edward Lui management is free I use my iPhone.

After being told there would be no pressure, on the second Zoom call she told us we had to sign up then by paying the $8K fee or risk losing a "$2K discount" and paying $10K later.

So you can work for free or you can use the deposit for what it's there for, covering damages, cleaning etc.