If you plan on renting it, put a note in the ad that scammers have posted another ad and they can look at the house, but under no circumstances should they ever send money until after they viewed the property with the owner.

In defining terms for a seller financed note, consider each relatives age and circumstances and their potential heirs of their piece of this pie.

Was looking to connect with people who started with a similar circumstance and how they navigated their way to getting rentals (preferably buy and hold as this is what I’d like to do ideally).

After that you are free to turn it into a rental, or even before if our circumstances changed and have to turn it into a rental

We held this property as an Airbnb for 3 months before we had to close it up due to unforeseen circumstances.

We held this property as an Airbnb for 3 months before we had to close it up due to unforeseen circumstances.

In my market, I can only get a 0.5% - 0.7% return under the best circumstances.

This will limit the potential buyers (and there are other circumstances that will give people pause).Although the neighborhood is in a slightly upward transition, most of the immediate surrounding housing is rental, and likely to remain that way for the near future (big old houses converted to apartments, and a couple of former mansion sites that have urban renewal apartment buildings - cheap).I am concerned that the primary market for their house will be rental, with the potential for tenants to block the driveway, causing conflicts with my tenants.

The excused party shall use reasonable effortsunder the circumstances to avoid or remove such causes of non-performance and shall proceed to performwith reasonable dispatch whenever such causes are removed or ceased.

And the specific circumstances might allow for a shorter period before conversion.