Hi @Mendy Blasberg, I would also recommend verifying any income assumptions made by the seller against bank statements and also ensure that you get an inspector that can cover all of the high ticket capex items e.g. boiler, roof, foundation etc.

Hello,I am currently looking at two SFR as my first purchases in a seller-financing deal.I don't have that much $ as the private lender I was working with backed out.Approximate value of the properties: 100,000-120,0002 bed 1 baths. 1,080 sqftage of roofs Unknownexpenses: 575 - $702 583 - $793Taxes: 575 - $1,938.85 583 - $1,463.98Insurance: 575 - $302 583 - $240Lease Expiration 575 - June 30, 2020 and 583 - October 31, 2020Rent: 575 - $950 583 - $880Appraisals: unknownHow do I structure this?

No points, low cost (typical closing costs, felt lower than most others I considered).

Kitchen update, new roof, adding bedroom Lessons learned?

I went in and replaced the roof and windows while also doing a gut cosmetic rehab on one of the units.

My question is, has anyone ever felt with anything like this or know if this is a good investment?

I know someone who has it, and he had a fever and felt so bad, he was hoping not to die for 12 long days. 

So if you have it insured for 70000 and to rebuild it is will cost 100000 you will be missing a roof and kitchen!

So I felt it was a good move but I think I am just looking for more assurance.

Not one went smoothly enough that I felt I could have not been present for.