Creative ideas to buy a property with tenant in place/low rent

[Mia Kaiser]

I am interested in 2br/1.5ba townhouse listed at $175k that has a tenant in place until May 2023 paying $1075/month in rent.  I kinda like the idea of tenants already in place although I know nothing about the current owners screening process, if they are good tenants, etc... AND the numbers do not work with conventional financing (the loan payment ends up being more than the rent being collected) and results in negative cash flow.  BUT, If the seller is open to seller financing with 5% down and 0% interest, the numbers could potentially work.  I would even be willing to start paying interest once the rent increases.  The average rent in the area for a 2br is more like $1500 and the appreciation has been great.  Just curious as to what this group of savvy investors thinks?? Thanks!