While I am excited that I finally invested in real estate, is it a good choice to purchase townhomes in the first place or should I look at investing in a different kind of property for future investments?

- own them outright- plan to owner finance at 10% down 10% interest I use a title company and attorney for closing along with servicing company once done. 

Account Closed"I wish I owned fewer condos in San Diego" -said no one everAll kidding aside... this is tough one because these are very different options, and all we know about you is what you posted. 

If you can't find a title company, you'll have to self-close the property without title insurance (which can be a bit scary). 

Once you pay that mortgage each month, the accrued interest goes to zero for that month in essence.I just did a cash out refinance on a rental house using a DSCR product, literally closed yesterday, so 15 days of interest was due on top of the principal. 

In my experience, the Schlage is better and it isn't even close. 

We do have a number of hospitals nearby in Cookeville and Livingston - both really close to the property.Good call on the extended stay hotels.

With so much inventory currently on the market, there are lots of choices for buyers.

I'm hoping to start off by rolling it into an LLC after closing but have never done anything like this before.If anyone has any advice or can point me in the direction of a good Real Estate CPA, I'd greatly appreciate the help.Thanks in advance

Also discuss with the contractor the time expected for the project if its small, mid or large and if it needs permits and how long would it take for permitting and all, also payment terms, make sure you go with payment terms that are fair to you and the contractor (so many terms but most common is monthly based on completed work with an upfront for materials) and ALWAYS keep the last payment until project is closed (retainage) and you do your walkthrough and if there's any issues you write them down and provide the contractor with (punch list to release the retainer once they're corrected or fixed). read about how to deal with contractors and always ask for references but it really depends on how big the job is, personally I wouldn't spend too much time doing due diligence on small jobs such as door latches or shelving rather on additions, layout change and other scopes.Good luck!