- A 0% down, seller financed deal, typically equates to little to negative cashflow!

Next, I needed to find an investor to assign the deal to.

Hey Jeff without knowing any details everything is what you are able negotiate. but you have to take in account the years interest rate and purchase price and what kind of cash flow.I will say get a mentor if you’re inexperienced these kind of deals can go left if you really have little knowledge when it comes to structure .

I've been buying and renting here since 2009, the deals are hard to find these days but definitely out there!

Following as I deal with STR in the lake region.

I think it's fair to say it's beyond normal wear and tear, but I'm not sure how much is fair to say "I'm going to have to deal with this somehow, and because of the scratches I'm deducting x." 

Dealing with a dead body was a lot easier and cheaper then some of the nightmares i experienced.I still can't shake the memory of the one who painted the ENTIRE house in feces art. 2 stories, every room.

@Marcus Retter welcome to BP.It's a great community.I've been investing in Albuquerque for 10 years, and you can find some good deals there.Personally, I live in Santa Fe.There are several active Meetups that you can join to get around to other investors.Networking is really important.Get out there and make connections with other investors; that is how I got started. 

Also underwrite deals as if they were going to be a long term rental and then work up to an STR.

I like it because I only need $5K for each deal (although I can put in more).