Amongst friends and living in a community with more personal space, diverse economy, access to travel (roads / airports) and strong local culture (food / entertainment / socialization).

I would be delighted to have a good tenant that pays on time and adds value to my property out of his own pocket lol 

Notes done right do not have expenses in 20 years you will need to replace all major systems in that rental to have any value.just food for thought..  

If you are up for slight delayed gratification and want to invest safely, especially at a  current market high, I believe my way will always win :-)Just a food for thought.  

Just basic things like a truck, fuel, food, hotel going to add up...

forget about real estate all together use your 100k and buy a business that you can run and make 30 to 75k a year in.a food cart  coffee cart any number of small business that you can purchase for 100k.. you will do something for income and you will make far more money being your own boss than any rental will Ever bring you.

*****I DONT THINK SO - MEDICAID Is going to ask where the house went - maybe they dont catch it right away but they will - *** family didnt appear to do any estate planning - they will need to spend that money on her careThe way I can put it if the family is wanting to get out of paying - and they think spending $3-6k or whatever amount is needed for her care is too much then they need to factor in 24/7 care at $12/hr + 15% for taxes, food, utilities, rent, insurance, outside upkeep, maintenance etc and add that up for a month and they will see what a bargain ALF can be

Just food for thought.Good luck, and thank you for your service to our country!

Houseflies can lay eggs on food sitting out or even in the drain of a sink, when the maggots hatch you'll have a swarm of flies on your window. 

And by balance I mean being realistic & compliant.It's good that you have some idea of the terms you want, but know that because of CFPB guidelines, your borrower has to show they are capable of making whatever payment/terms you set.There's lots of factors to consider when financing, so I am only going to touch on one to give you some food for thought.When I see high rates on seller financing it is usually for 1 of 2 reasons:The seller wants a higher monthly P&IThe seller plans to offload the loan to an institutional investor later and doesn't want a huge discountTo #1 I say, reduce the term/amortization of the loan.