Over time, you're essentially shorting the American dollar, and with how both sides of the aisle run deficits, the printing machine isn't being turned off anytime soon.

@Hanzel AnaAs a beginner in rental property investing, it's essential to learn the basics of cash flow, cap rate, and financing options.

Concentrate your education on real estate principles, real estate law, and real estate finance2.

It's an amazing concept, but essentially currency is the plane upon which economic activity takes place. 

My plan was to "self-perform" a land contract by filling out a purchase and sales agreement for a land contract that specifies I will take over the mortgage payments, get authorized on their mortgage, and be authorized essentially to fix up the property and eventually sell it on the MLS since the land contract will give me that control/equitable interest.

Possibly should have done something about the deposit but everything that happened with him moving out was essentially conducted without notice to me and it's hard to say now whether I even found out he wasn't there within 30 days of his actually moving out.4.

They handle:Monthly Payment ProcessingEscrow for Taxes and Insurance: They ensure property taxes and insurance are paid, which is essential to protect your interest in the property.Record Keeping: They also maintain records, which can be invaluable if any issues arise during the term of the loan.ConclusionGiven the details of your property and the $200,000 sales price, a possible scenario could look like this:Down Payment: 10% ($20,000)Loan Amount: $180,000Interest Rate: 8%Amortization: 30 yearsMonthly Payment: Approximately $1,320 (principal and interest)Balloon Payment: Due in 5 or 7 years (this allows for refinancing or payoff while giving you some flexibility).These terms are flexible and can be adjusted based on the buyer’s credit, down payment size, and negotiation.

Finally, you should write with the principle that each sentence should make the reader hungry for the next, each paragraph end in a sort of cliffhanger.

If this is the case I run the risk of becoming underwater on the mortgage and getting myself essentially stuck in a property I don't want to be in long term.

If the separating wall is a load bearing fire wall, it would have 2 sets of framing material on either side, essentially you have 2 completly independent houses joined by the roof, you can go in the attic and see if you see sheetrock going to the ridge of the roof.