Owner Financing Questions

[David M. Hagley, Jr.]

I am looking at a possible deal and considering asking for owner financing.  This project also needs quit a bit of rehab.  I have some questions.
1. Is there some guidance or things to watch out for when trying to structure this type of deal?

2. Also, what are the options to finance the rehab?  Are there ways to finance that cost?  What are the pros and cons of them?

Thanks,

David