Owner Financing? Where are the bodies buried?

[Account Closed]

Hey everyone, I'm not new to investing, but I am new to owner financing. I have a property that I was originally looking to offload when another investor offered a deal around owner financing for me. I was hoping someone with experience in this arena might be able to help with any "gotchas" that I'm not aware of. Maybe these types of things can be taken care of in the contract, but a few of my questions are below. Please let me know what you think:

Repairs: Am I responsible for these? Either through a natural disaster, tenant caused, or wear and tear?

Insurance: I'm assuming this will still be held in my name?

Liability: What would/could I be liable for?

What happens if the"borrower" defaults on the loan?

Again, I'm just trying to figure out where potential bodies might be buried as I go down this path. Anyone with experience in this area would be of great help. Thanks everyone!