For the property managers here:What do YOU make sure to explain upfront to avoid issues later?

Receiving cash upfront from tenants with low credit is very tempting and may lead to a lower risk of financial loss.

I structure the spread upfront so the compounding starts on day one.

We try to educate our clients to stabilize/renovate the properties up front to prevent the money drain year after year on high maintenance.  

When it comes to cash flow on multi-family properties like duplexes, triplexes, or fourplexes, a common rule of thumb is to aim for at least 1% of the property’s purchase price in monthly cash flow after all expenses.

Ether way it takes capital accumulation to come up with cash for down payments.The traditional way I have done it is taking money from each paycheck and holding it in the cash position in my taxable brokerage with Fidelity until I have enough saved up for a down payment. 

The seller finance option costs you more cash up front and adds risk.

If you already own the lot and have a great deal of equity in the property, you might be able to pull some cash out.

If I could refi at a little over 3% at 30 years, both these would likely cash flow.Here is your options: 1) buy the cash flow with a lower LTV.  

The Conti and Finkel's  “Big Money Cash Close,” but at its core it’s really just a seller carryback combined with a new first mortgage.