Quote from @Jeffrey Farkas: Seeking to connect with brokers and investors in the Central Ohio area for 30+ unit multi family properties.Looking forward to meeting.JeffHi Jeff, happy to discuss!

There are likely work arounds and you will need to discuss with a loan officer.

Financing might be a challenge.I would recommend consulting with a attorney, loan officer, and CPA to discuss your specific situation and determine the best course of action. 

I'm sure this isn't looking at the whole picture, but wanted to start a discussion around it. 

The PLRs and Risks are discussed below.

Instead of discussing the possibility of owner finance with sellers - what if I offered the opportunity to  JV where they are the equity partner?   

It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to connect to discuss further. 

So, I'd like to discuss it — am I missing some downsides here? 

You can use the Bigger Pockets management finder tool to look up MTR management companies in the area and then I have a few recs I can provide if you are interested.Shoot me a message if you would like to discuss further and I can help you strategize to make sure you make the best decision possible!

. - Also, Section 8 is NOT what most investors think it is - or else demand would have caused the returns to drop.DM us if you'd like to discuss applying the above to Detroit market:)