We are planning to turn our primary residence into an STR at the end of this year and are looking to take advantage of accelerated depreciation if we can meet the REPS requirements.

Its more hassle and management on your end and the tenant's may feel aggrieved if for example 1 tenant is obviously using more of the utilities. 2.

Sometimes I’ll even have 2-3 staffers reach out on the same property but I’ve never leased to one of their leads.

Naca services folks who could never qualify for any loan OTHER than a Naca loan.

If I allow the recently received funds to apply toward the most-recently due payment (B), then what happens with the older payment (A) that was never made?

There is almost always a story behind a refinance and it’s usually never good. 1st position, purchase money only.)

Oh, and just my two cents Never buy a property with the intent to break even, even if you are just trying to learn more about the business.

I've been acquiring and selling real estate for well over 20 years but I've never acquired or built a duplex. 

Seller financing does not always sell for more money and if there are big price declines then you may end up having to forecloseMy recommendation is to sell it with borrower getting traditional financing and put that $ in a tax friendlier account than loan interest = ordinary income rates

We're looking at 30k/40k profit on the low end.