@Matt McCain Is the cash flow loss than your paying down principle?  

Well then, you will have negative amortization, the principle balance rising, while making the reduced payments.  

The seller will typically carry said note for Y amount of time with an interest rate of Z.So transaction would look like this:Agreed Purchase Price: $ XDown Payment Amount: $ DPBalance of Note Carried: $X - $DP = $Note BalanceTerms Y years at Z interest rate Amortized = Monthly Payments (Principle + Interest)Optional (Add in Escrow Account for Taxes + Insurance)Some people also use a servicing company and add a monthly Servicing Fee for that.So the final monthly payments would include P+I+T+I+SF (Principle + Interest + Taxes + Insurance + Servicing Fee) Also, if you sell more then 3 homes per year to owner occupants with seller financing, you have to use a Mortgage Loan Originator to be Dodd Frank compliant. 

Hi BiggerPockets community,I am looking for recommendations for an experience attorney to help me 1. review/amend operating agreement for my on3 HoldCo (two-member LLC)2. review/amend operating agreement for my one PropCo (single member LLC)3. my rental agreement template (with addendum)The objective is to have good asset protection from outside (lawsuits towards LLC, not affecting individual member) and from inside (individual member's creditor or lawsuits won't impact LLC).

It really helped me to settle down and look at things objectively.  

It definitely makes sense to focus on one objective to start !

Assessed values depend heavily on your county's resources and methodology.Most that I'm aware of use the cost approach meaning that they figure the cost to build using square footage and materials used, then depreciate the building components based on age.The objective of the assessor is to value the property at the highest possible amount without the assessed value being challenged.  

Real estate is attractive to me because you are investing in a physical object that you can see, touch and have much more control over.

Key: always figure out what your objectives are.

This is just as expected, given the risk-return principle of economics.Lastly, what many investors due long-term, is start to 1031 exchange some of their other properties, many times in different asset classes, to triple-net leased properties as they get closer to retirement, in order to reduce risk and management intensity.I hope this helps!