If you have a co-signer with great credit then you can a very good auto loan rate.I must admit though, I am, by no means, a financial advisor.

I would find a local, active settlement company that works with a lot of investors and they can easily walk you though the mechanics of a seller financed deal.

Maybe try Auto-Owners insurance for MI, but no matter what replacement will be much higher than appraised. 

We set up everything on auto-pay.

Take the age of the major mechanicals and roof etc and find the cost.

Again, mind you a 5/mo auto withdraw from checking.......to the savings WITH NO OTHER ACTIVITY.

Now after the title check is this gentleman free and clear if someone later on down the line claims a stake in the title (i.e. mechanic lien of sorts)..is this were title insurance comes in? 

Some properties are turnkey where factors can determine whether your knowledge base will suffice or you need a more in-depth view others are heavy deep renovations where it would be a best investment protection to know what you don’t know; possible septic issues, roof, mechanical electric... then it’s best to get a pro if your a pro or have one. 

This, officials have said, should include a local workforce with experience in biomedicine, chemistry, computer hardware and software, electronics, materials and mechanical systems."

If you know a lot about the auto industry, buying up auto part manufacturers junk bonds carries less risk than a REIT for you as opposed to me.