Seller Financing Advice

[Tre Holland]

Hi all,

There is an eldery lady whose yard I've been maintaining for years. She mentioned about possibly looking to downsize due to age and other factors. I expressed interest in purchasing and she completely lit up at the thought of someone she knows being able to have the house and thought seller financing was awesome (she enjoyed the thought of receiving monthly payments). The home has quite a bit of deferred maintenance, but is in an amazing location.

I'm hoping you all can provide some advice on how to move forward. What are some things to consider when structuring the deal? Throw out any and everything that comes to mind. 

I'm excited to be able to help her out and feel like it could be great for the both of us. Thanks in advance.