I've been taking a real estate investment course available through my public library and the low rates of success for renters was presented as a way in which this is a solid investment strategy.

Of course good dividend stocks can also provide income, so good to diversify.  

@Jay Hinrichs This may be a little off topic, but I am surprised to hear you say that paying the property off is a good course of action... especially at 0% financing.

Of course if this was a pattern it would be obvious.

@Anthony Dooley thanks for the tip, will look if that formula is online somewhere if not will call a real estate tax accountant.

@Eric Fernando look up a letter of intent online maybe a youtube video.

Hii am real estate broker..use to to work in management company..over 1 year without job..a job i find on line  looking a person who knows yardi.... i am mostly work out of office..now need help to learn  yardi..thank you

Now of course multi units are different than this and every market is different but for the deal I explained above is a total equity refinance play for me in this tough market I’m in.

Doing it on some online website.

Well, if you buy the note then of course you can control the time line, and hopefully at a discount.