Nonetheless, traditional financing proved to be a reliable option.

I have found a location and run the numbers and it looks like I would be making a positive cashflow, which is amazing!

My background is in Sales and a little financial negotiations.I probably should have mentioned I also have 18 SFHs as well as the 15 MF units and all are managed by my PM in Fort Wayne IN.Appreciate the positive feedback!

You will then have a few options with that rent money....you can put it into principal or you can start saving it to purchase yet another property.

Consider targeting properties that have the potential for appreciation in value, as well as options for utilizing tax-saving strategies such as cost segregation and 1031 exchanges.

If in 7 years they want out and the note comes due, I should be in a position to not need to add extra money to keep the deal.

That way you provide home ownership options along with rental options. 

Also, they could buy my Option back within the two years for 30K.

., is also a plus for potential renters as there is a demand for more affordable options compared to the surrounding areas.

Great options for LTRs and STRs.