A little late to the party on this one, but hey, congrats on having a property that cash flows and low interest rate - you must've jumped in at the right time.

Let me know if you need any advice on getting started.

What Ron did was that he ONLY worked on “great” deals.  

Are you looking for turn-key properties or something along the lines of a "fixer upper"?

This includes the agents on both sides of the transaction and escrow/title.

A seller might ask "what do you do to market my property?".

All your questions about advice on financing and the local market can be answered here on BP.As you work to make and save more money, it couldn't hurt to begin speaking with friends and family. 

Sorry...way way too many questions for me.Every situation different.Probably not enough spread in most cosmetic flips....probably need the full meal deal.Also that cuts out much of your competition if you can handle more.Older and cheaper probably better depending on where you buy.Be ready to act quick, be conservative on your ARV and plan on about double whatever you think your time on market will be. 

If I can do that and break even on rent every month, I'm good. 

For private seller finance lenders, how do you track the payments and loan amount?