Partner Driven financed the Sardony Lane deal using its own capital, covering the $218,000 purchase price and $12,000 in renovation costs.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

Our contract states a two-month notice for termination but doesn't mention any costs.

Some of this may be dependent on what type of group home you rent to.

One option is to partner with an experienced operator or you could invest passively in a deal or two depending on the sponsors minimums.

I'm exploring alternative financing options and would greatly appreciate insights or experiences in similar scenarios.Key Points:Property Location: Cahokia HeightsPurchase Price: $17,000Rental Income: Approximately $1,500/month via Section 8Condition of Property: Updated plumbing, roof is in good shape, needs AC unit, paint, flooring and cabinets and counter topI'm considering reaching out to private lenders but would like to gather opinions on:Feasibility of securing a mortgage for a low-cost property.Attractiveness of this deal to private lenders.Any creative financing strategies that could be applicable here.Legal and tax implications I should be aware of.Potential risks and how to mitigate them effectively.Any advice, suggestions, or contacts in the private lending space would be immensely helpful.

Work on saving money and have enough for the down payment, reserves, and closing costs. 

Furnished Finder can be great, but the cost to fully furnish can be pretty steep.

It has helped me narrow down my search some depending on what I'm looking for. 

What better way to learn and grow than by providing my clients with consistent high quality results that they can depend on to develop working relationships?