In your mind, is losing $9,500 worth saving $195 per month? 

Looking for any creative input on how something like this could be structured.Taking part of the purchase price of real estate as a charitable donation and using said deduction to lower your taxes is tantamount to sending a cover letter to the IRS with your return requesting an audit.  

What judgement can I request the judge to taint their credit history? 

If you put $25k in index funds/stocks at least you can liquidate quickly if you change your mind unlike a syndication. 

Quote from @Iris Wu: @Steve Mitrano, Hi, Steve, do you mind providing an update on what you end of doing in this case?

Do you have a/some target area(s) in mind yet?

We all invest in real estate in order to make money, and keep in mind that someone who can only afford to live in a mobile home and seller-finance to buy the land is probably tight on funds. 

The longer the better, but keep in mind that many of these structures have severe prepayment penalties so using 10 year debt for a 3-year hold creates a problem. 

Keep in mind the start is slow, you won't see these great strides at the beginning.

Looking to learn more about seller financing, the art of the deal as well as connecting with like minded investors in Chicago and beyond!