@Rae Chris Ann Arbor is pretty expensive, so difficult to find cashflowing rentals.You may want to look in Ypsilanti - if you want to stay in your area.Otherwise, Metro Detroit offers a LOT of options.Read our copy & paste below for some helpful info:---------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Quote from @Godsheritage Adeoye: Hello, I’d like to know how investors typically handle Subject To contracts.

A balanced market typically has around 6 months of inventory, so anything lower suggests a seller’s market with limited inventory.🎆 Las Vegas Rings in 2025 with a Bang!"

In investing that's typically done by exchanging one asset for another rather than using cash as an intermediary (which would require you to time the market perfectly).

Is there typically an ROI?

These loans are short-term as you mentioned, typically 12 months, so you'll need to refinance before that balloon comes due.

In any contract you don't typically need a clause saying what you CAN do, its assumed you can do anything legally allowed as an owner including sell.

typically with seller finance there would be some period of monthly payments and then a balloon where you pay off the balance in full. 

The IRS generally does not allow you to deduct expenses for a property that has not been placed into service, as deductions typically apply to operational properties actively being used to produce income.

No reason to spend $1000-$1200 on a typical 1031 QIMathew