However, I do know that one disadvantage with these properties is that they are not as easy to sell as is the single family property.That's the second issue.That being said, any advice as to what to do with either the first or the second issue or, ideally, with both will be greatly appreciated?

LOLI'm a pretty trusting person, but a few miles of life have taught me to be skeptical of the easy buck.

William... if you are using a banks funds for the first and private funds for the second... and only one second you, should be in good shape.

They are easy to SELL and mistake the trappings of success for real success.However, I've read lots of books from the library and been offered many sets of tapes and books for almost nothing.

I find a house worth $120k if it is in reasonable shape.

It is NOT as easy as it looks on TV.

And now it is easy!

How you hold isn't going to impact your taxes (generally) and may make your tax filing more complex, and seller financing is going to make it complex enough.If I were starting out now I "might" set up LLCs and use one LLC for every 3 properties, but I might just do it the way I've always done it.Good luck and welcome aboard.Depending on your state law you may find that outright sales, with low down and easy qualifying, are easier to do than L/Ps.all cash

Easy way to check out comps from home.

The only think I could think of is that the 350k home in the nicer area is in bad shape or maybe has never been improved.