FSBO, Seller Finance, 0% down, 0% interest, what could go wrong!?

[Jehon Bendokas]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $150,000
Cash invested: $900

FSBO, Seller-financed, 0% down, 0% interest BRRRR-to-be. Tenants will be out soon to begin the remodel. This will be my first remodel from a distance (previously I've done all my own work). Remodel budget is $40k baseline with up to $60k for contingency expenses.

Hoping to market to University of Arkansas students and hoping to rent for $1800+