Will this seller financed payment count as a debt if I apply for traditional financing in the future?

If more than one person applies together, then we combine their scores for a group average.

Be sure that you're applying whatever late fee your lease allows to every late payment and demanding same from the tenant.

The thread addresses a different topic, the Real Estate Professional status, but the same principle applies to the hours in both contexts.

Can you share some of your insights on how you've applied this to the Austin area?

It must make selling a house IMPOSSIBLE until its paid off since the same issue sounds like it would apply.

Why not just apply for a hard money loan?

That time I was looking at getting 201 S Washington (a 5 unit rental) and S Washington wasn't designated as STR and Gettysburg City said that I had to go thru the process of applying for zoning licence which is followed by a hearing with the neighbors as the jury who would hand me the verdict - yes/no.I like analyzing markets and observing them for a number of months/years.

I was going through the rent control laws ( I know, should have done that before purchasing the property ), and a section stands out. https://ecode360.com/30526708#42037155Based on what I can read, the rent control chapter doesn't apply to: Dwellings of three and four units, at least one of which is occupied by one or more of the owners thereof.My understanding is that rent control doesn't apply to owner-occupied multi-units. 

Once the tenant applies for the unit, you'll have to work with the tenant and Section 8 to get approval, which always includes an inspection of the unit.