My only concern would be that I'm not quite sure you're going to get the appreciation (i.e. the equity capture you mentioned above) in townhomes.Historically, they just don't seem to appreciate anywhere near as much as traditional SFH's.

Thus a 30% discount is a big chunk of change (we're talking a maximum offer of 350k on a 500k property even before capturing my fees and repair costs.

They just did not have the high end leads that I need.They create a custom website and funnel leads through their 1000's of capture sites.

I like to use it because sometimes it's the quickest way to capture a glance of what the property last sold for, what the property taxes are on it, and to see what neighboring houses have sold for.

For me that is "Aspen Real Estate"So if one were to be #1 on all search engines for that search term one can expect to capture 50% of the searchers.

A good transactional lawyer could run a few scenarios by you to ensure that your intent is fully captured in the agreement. 

Think about this: would you ever open a restaurant without first having waited tables or being a chef?

The sophisticated investor thinks in relative terms about value he didn't capture and what his opportunity costs were.

I suspect that most people doing "no" or extremely low money down on seller carry deals are working with sellers who either 1. own the property free and clear, therefore do not have a "due on sale" clause, or 2. are doing seller carry and not notifying their lender banking on the chance that the lender won't catch the sale and enact the "due on sale" clause.Outside of owner carry situation the way you can do "no" or "low" money down in a deal is by buying it in a "lacking" state, adding value, and then capturing the value you added to the property by refinancing. 

That's a lot of distressed properties, and I'm sure the savvy investors are probably going to capture at least 50% of it.