I would be very hesitant to advertise a rental before you actually have control over it.

I hate to wait to get it under contract, but hesitant without the go ahead from the legal standpoint. 

BP can be a bit intimidating, but don't ever hesitate to ask a question.

If the operator is not following the regulations, I would hesitate to invest with them regardless of how good the deal looks on paper.  

Although the rate is higher than a conventional mortgage, it requires less up front cost than getting a conventional mortgage with 20% down payment, appraisal fees and loan origination fees.Some Details: They will do up to 90% LTV for 20 years at 5.24% with a curbside appraisal only and no closing costs to borrower.Please don't hesitate to correct me if I'm wrong, but after a cash purchase and refi you will have more cash on hand than if a conventional mortgage were used, and this is good for continuing to purchase more properties.Other than a higher interest rate, What are the drawbacks to this technique?

I have a seller of a 3-unit that is open to owner financing but is a little hesitant because they got burned in the past from a previous type of deal.

I’m hesitant because of the high property tax and slow growth In the area.

Please don't hesitate to PM me if I can be of any help. 

Otherwise it's classified more as an support dog, which is not a protected class.If you have any questions, don't hesitate to reach out!

So don’t be hesitant to get into bigger deals earlier on.