For your first investment, consider the benefits and challenges of duplexes versus single properties.

I'll play devil's advocate, at that price you might as well invest in multifamily units. 3-4 unit properties are selling in the low $200K and with an average rent of $700/unit, you get better cash flow and spread out risk (1/3 units vacant versus the house 100% vacant.)You do your inspections and make necessary improvements upfront to offset the risks with buying a "used" property instead of brand new construction.Alternatively, how much of a price difference between new construction and a remodeled home?

I am a lender here in South Florida and would be happy to provide you with some more guidance so that you can make an informed decision on comparing conventional versus FHA to see which works best for your situation. 

So I’ll wager they get the listing agreement signed with you, then proceed to do as little work as possible for you, and you have a hard time getting in touch with them again for anything except trying to get you to keep lowering your price until the property eventually sells at a steep discount for the buyer.

This is a pretty weird question, I know, but I am curious.I get that you can do deals pretty much anywhere, and there are good deals all over the country, but I don't believe that the markets are equal in this regard.For example, if the seller has the ability to look at your credit as an investor (which throws out one of the sole purposes of doing a seller finance), versus states/markets that don't require that as much, I would like to know the states/markets where owners checking your credit history is not going to be prevalent in a deal, assuming the seller is willing to do this kind of deal with you.For context, yes, I am a new and aspiring investor, and due to certain circumstances, my credit is currently not the best, but I don't want that to stop me from investing in real estate (which is why I'm leaning to using seller financing).Please no answers saying that I should just raise my credit score and get an FHA/Conventional loan, because I am currently working on raising my credit, but I can't give a time on when my credit will be "back to normal" again, which could mean I could be stuck on not qualifying for a loan for the next couple of years (ain't nobody got time for that).Thanks for the help!

I've seen some pretty large gaps from what an appraiser says they will rent for versus what they actually get a lease.90 Days is crazy. 

Granted, there are a lot of nuances to this: mine had been built of as single, and someone split it up versus you talking about a full addition.  

sell it yourself, FSBO, hire attorney to help with paperwork, list on FSBO website, they often have fixed fee packages. have one price if buyer has no agent and another price 3% higher if they do have one so they are paying for their  own agent, like in other countries if market is good agent is not of much help, if market really bad agent is not of much help, Also act like every real estate agent does, in every academic residential RE study does with their own properties versus their fiducial clients, and list the property for more and list it for longer than they recommend to their clients. 

To effectively evaluate the financial implications of renting versus house hacking, we'll dive deep into the numbers and walk you through how we calculated them.

I am wondering if you will have an easier time renting a well laid out studio versus this very weird, borderline unusable one bedroom.