I know creative financing can be a powerful tool, especially when you’re building your portfolio, and I’d love to learn from those already doing it successfully.If you’ve done deals with seller financing—or know the ins and outs of structuring those kinds of transactions—I’d appreciate any advice, resources, or even just connecting to swap ideas.I’m all about building real relationships in this space and learning from the people who’ve been in the trenches!

Quote from @Jim Puccio: I know this is going to sound generic anc cliche, but truly is going to be difficult for every one of your particular properties.  

I told the private lender of my idea to refinance and pay him back immediately and then take out a new loan with him for the next deal.

But wont have the long term profit of that rental.

I may need to include a provision about this on the renewal of the lease coming up in a few months.

Regardless of the type of investing you're focused on, two of the most critical, yet often overlooked, pillars of long-term success are tax planning and asset protection.

@Eric Amundson, You can't do a 1031 exchange into non-real estate passive investments because it has to be investment real estate for investment real estate.However, there are syndications that do qualify for 1031 treatment because of how they are structured, such as UPREITS (Real estate investment trust), or DSTs (Delaware statutory trust).

If this is a professional licensed contractor he will give you a bid price and scope of work , anything thing that comes up outside the scope of work is an extra charge .You make your money when you buy a property , not by hiring a cheap contractor

The place was built in 1981 and I've reached out to the agent about getting numbers on some of those expenses as well as age of some of those CapEx items, but there is already a 10% management fee in place, and I would definitely lean towards the higher side of insurance rates and capex costs. 

Either way they are going to be paying 2 months of rent.