So I met a guy that was speaking at my local REIA about landlording.

Collateral assignment of note and mortgage with legal description to be recorded with county.Closing to take place through title co.Balance of loan, less down payment to be financed by seller carried note @ 4.0% for 36 months.Loan amortized over 30 years, payment due in full on or before month 36.

It will show you several houses that fit this description.

The description says, "Since the ratio of owner users in the property are less than 50/50 the buyer may need to obtain a commercial loan or pay cash,..."

He's very successful and highly regarded in Canada and is currently in the process of doing some consolidating and syndicating of several oil fields which is about as close a description as I can offer up on an open thread like this.

They are entirely separate job descriptions and come with there own pro's and con's.

Account Closed So far I have never met a realtor in my area that understands what a good investment property is from a bad investment property.

@Bill ManasseroThis pinged me when Airbnb was mentioned, but given your description of the space in the first post, I'm actually not surprised in the slightest that nobody has mentioned Airbnb thus far.

The reason why I asked this it's because I met a realtor who will show me lists of hud homes before they are acutioned out and was trying to formulate a good strategy to wholesale them.

There has to be a basic description.