It pays the taxes, the water and sewer, and the cost to heat the property while leaving some for maintenance.

If 100% of the loan and title is held in his name, what's stopping him from cutting you out after closing on the deal?

1.Explore tax incentives or financing programs: Look into potential tax incentives or financing programs offered by the local or state government for affordable housing developments.

So just knowing the basics and directing them in the the best tax position is helpful.

However, Florida generally has lower property taxes, which could be a factor to consider.While you mentioned your interest in multi-unit investments with seller financing, it's important to keep in mind that this can be a complex area.

This has to be one of the least friendly states to be a landlord, and the taxes are high.

Helped us pay off the mortgage, now we are paid to live here after paying all expenses like taxes, insurance, utilities,  internet,  etc👍 

It will be a business and will be taxed as such.You will need to get with a CPA in order to quantify those differences.

I'll cut straight to the chase - I have $100k cash and I'd really like to buy a 3 or 4 unit multifamily.

Have considered bank note investing, tax lien/deed investing, loaning it out, etc.