Most owners who do it want to keep the option of having the building vacant when they eventually sell the place since vacant places sell much more easily then tenant-occupied ones if it's a rent controlled building.

I want to be able to keep business finances and liability separate.

The meet up I went to a number of times in San Antonio was more for the benefit of the owner of the meet up.

.- Focus on Landlord-Friendly States: Oklahoma is a great example, with straightforward eviction processes and laws protecting property owners.- Stick to B and C+ Areas: These neighborhoods balance affordability and tenant quality, minimizing risk.- Analyze Properties Remotely: Use tools like BiggerPockets calculators to evaluate deals.

The difference is investors make offers direct to owners.6.

I have a few Airbnb properties for sale with creative financing in San Antonio, I'll shoot them your way just in case. 

Price is probably above market,  17k down finance 75k @ 3.8% 35 yr amortization.  3 year balloon.  

Now, granted, I don't do syndicates, partnerships, complex financing or large commercial developments for my deals, but again, I don't think most investors do either.

Partnerships and smart financing made this deal a win!

The only part that Property 1 pays on that loan is the escrow for property tax & insurance for Property 1.Thank you for your insight.You need to look at purchase price to determine cost basis, not how you financed the purchase.