I’d love advice on leveraging my existing assets, navigating seller finance deals, or other tips for scaling effectively.

There is no additional "risk" on the note like a demand clause etc, but you have  extra expense in upfront one time costs and the pre-payment penalty that most programs are sold with if rates do drop as expected in the future.  

Hi Adam,The seller pays the seller commissions and (usually) covers the buyers commissions as well so you shouldn't worry about those fees.The 10% vs 20% I feel like is a personal opinion.

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

That is if purchasing EXISTING performing investment real estate AND have very good clarity of every facet of the transaction ESPECIALLY reasoning for seller selling, AND you have decent market intelligence. 

@Jared Haxton You are not going to be able to do an owner finance transaction without paying off the existing loan.

I'm not even sure something like that exists.

Looking at some rough quotes, they start at $30 a month apparently and you can cover things like HVAC, plumbing etc...  

I wanted to offer him about $50K over what is remaining on the mortgage and go through the 60-90 day process to assume the existing mortgage.

I was wondering will the insurance cover the cost or no because no police report?