CJ Ashton thank you for your response and I hope to be the “House” 😊Nathan G. maybe it’s that I didn’t expect that response from someone in Wyoming among the calming trees and mountains, I do miss mountains but would miss wearing shorts and sandals almost year-round.Gail Dudlicek if I was selling I would supply a home warranty but that to me always seemed the only reason for it; and I know what a roof and A/C cost as I just had both replaced on my house and I have replaced the dishwasher, microwave, faucets so not coming in blind thankfully, and thank you for responding.Ben Zimmerman sorry to hear about all your troubles with your first rental, thank you for sharing, it really helps prepare for what I’m getting intoJonathan Watt so you are part poet, nice and thank you.

To me, Rentals make more sense than Notes simply because I do not have any experience or knowledge of the Note business. 

I know its self explanatory above, but can someone explain to me the reason behind it?

They say they will just extend the loan after the 5 year is up for another 5 year term but to me this is still a bit scary as they could early not extend the term and I will be stuck with the whole note due.

Getting a SFH to me seems like the best option for a first property, should rent easily, get a little better cash flow since the rent is a little higher than multi-family units, and if need be should sell quicker if for some reason I need to unload it.  

MHP is also very interesting to me.

Three properties with mortgage pay-down, appreciation (equity build up) and monthly cash flow sound a lot more attractive to me than 1 property with a lot of equity but contributing nothing usable to my bank account.Even for season investor, wouldn't you want to have the most use and control of your cash?

@Tim Swierczek recommended a book to me called "The Landlord’s Guide to Minnesota Law".

A realtor brought it to me.

It has been good to me & my family.Please note that this country (including Kansas & Missouri) is STILL the Land of Opportunity for most things (including Self Storage too).