Eventually I will scan the older stuff and dispose of the paper copies. 

At the end of the day, I find it better to be in a position where I can hold someone accountable for breaking my stuff than being a middle man between two tenants fighting over what one tenant did to another's stuff in the common area.This strategy is lucrative though, and I have seen many investors choose that method where I am based out of in San Diego.

Stuff can get very dicey when buying distressed properties with tenants living there.

But if you want to get your asset paid off and maybe paid off before things like the roof and other stuff wears out, maybe the 15 year would be the better route. 2) Do you want to put extra towards your mortgage ever to save on interest for these homes or do you put all that money towards getting more homes? 

You can deduct the expenses related to the part of the property that used for rental, and use that to offset your rental income in arriving the net rental income.

Stuff happens. 😀 I called and settled now.

What are some creative ways that I can still do the owner financing and he can still get his car stuff?

As long as I'm the only one buying stuff, Excel is fine, and I find it easier to categorize stuff and navigate quickly. 

I use spearhead insurance,theyll do LLC's and stuff in your name. good prices on umbrella policies as well

I was especially elated to see the light at the end of the tunnel on this reno as I’m currently pregnant with our second child, and had both hoped to be able to help my husband complete this job before I’m huge, and actually have a done house by the time baby # 2 arrives.