Tough break to lose all that cash.

These guys are having fun because there are a lot of scammers and gurus out there selling LLC creation services and Wyoming Trusts and Cook Islands Trusts and if you believe all that b.s. you will end up needing to cash out refinance soon in order to access that equity in order to pay for all their services plus an accountant to keep track of the mess.

We don’t have an immediate need for the cash and current rates are attractive, so would love to hear what the pro/cons of seller financing are in this situation?

I plan on renting a unit and probably getting a roommate or two in my unit to maximize cash flow early on.

The price points do make it hard to cash flow even with the lower interest rate subject tos. 

Purchase price: $137,000 Cash invested: $90,000 Sale price: $285,000 This was a single family home in Bates Hendricks.

Assuming you purchased in your IRA for cash as most do, then there's nothing to deduct or depreciate because the income is non-taxable inside the IRA already.

It's now converted into a cash-flow positive long-term rental.

I am building them especially for STRs, but they will have a cash flow as regular rentals.

I would also ask them about cash for keys since I would initially offer the tenant this.