Eventually I sold all my properties and today I invest passively as one more member of the Co-Investing Club.

Right now I’m growing my investment portfolio and preparing to launch service-based businesses (like cleaning and moving) as a stepping stone into real estate.My long-term vision is to scale into rental properties and eventually farmland, creating multiple streams of cashflow and a lasting legacy.

When you sell it on terms, each payment you collect typically gets split between principal (which just lowers your note balance) and interest (which is the taxable part).I’m not an expert on the accounting side, but I do try to stay open to learning more about these things as they come up, especially as I dig deeper into different parts of the land business.One tool that helps is a simple amortization calculator like Bankrate, it shows how much of each payment is interest vs principal.Also, IRS Publication 537 is a solid starting point for understanding how installment sales get reported.If nothing else, keeping clean notes and setting up a system early makes tax season way less painful and eventually bringing in a CPA who “gets” land notes is well worth it.Here's various resources that could be useful to you...Books (For Foundational Knowledge) 1.

Eventually, my insurance do as well as the condo association insurance co reached a settlement.  

Eventually, Class A property values increased to the point that even increasing rents didn't allow them to cashflow upon purchase.So, the flood of new investors switched to buying Class B properties.

@Morris Layton thanks for the insight I'm near Chicago at the moment I wanted to do a couple projects maybe single family homes so that I could learn the process and continue to network with people then eventually venture off into other markets, any advice?

My goal is to invest in the Kansas City area where I eventually want to end up at in the next 3-5 years. 

Hey Charlotte,Honestly, that’s a really solid long-term plan — and it’s one a lot of experienced investors eventually circle back to: use leverage while you’re young, then slowly trade speed for stability.

Deed is in the LLC and no mortgage currently, but when I refi eventually it will be in the LLC.

@Joey Banasihan The goal is to hold long term with eventually owning it.