Pros- the loan costs for this will be less, depending on their underwriting approach (creativity and aggressiveness) then they might do the first-year interest-only allowing you to rehab and put in long term financing without having to refinance. 

Wondering how to build trust in him to do seller financing with us after this.For reference we have 100% close rate, my thoughts approaching this is to counter back and say the risk of default is very rare, if he's worried about the park defaulting he just needs to save up $20k in reserves and he'll get paid $70k in income for the park for the next 5 years while he waits for balloon.

If they never get that opportunity then they're just going to continue to be scum of the earth maybe not be a sex offender again but they will be on the streets they'll be more vulnerable more chances for people to take advantage of them and make up lies about them and to get hurt because a lot of people want to hurt people with these type of crap I think people should get to know somebody and truly see how they really are before they judge them they should take the approach as everybody deserves a second chance.

Starting with a multi-family home as a primary residence is a smart approach, especially with your goal to go debt-free and save up for that down payment.

It’s such an incredible program.

Their concept is not new and has been around for ages with people renting rooms in college towns and more expensive markets (NYC, LA) however this is a centralized more hands off management approach to self managing by letting them do all the heavy lifting for you which allows you to scale in less time so yes the concept definitely works and even better with their technology behind it.

What is the best way to find and approach people who are not necessarily selling at the moment and make them consider a sale?

Building a strong portfolio and focusing on generational wealth is a fantastic approach.

I am now in my 2nd year of trying to lease out the property and I might have to rent it out for 2000-2200(approaching two months on the market)based on a saturated market, also my PITI has risen to 2320.

We are going to try the more simple approach of just adding another mail box!