Let me know what u have in mind. I

A couple things to keep in mind is sometimes there are hidden expenses with septic systems that can cost 10's of thousands of dollars. 

Keep me in mind.  I

With that in mind, I would like to add a bit more to it.  

I also read Cash Flow Quadrant and that too blew my mind. I

I believe by doing so I will learn a few things that I may use when analyzing new deals.Here are the numbers:Purchase price $85,000Downpayment $17,000Improvements $26,000Current monthly escrow $665 ($150 is principal)Current monthly rent     $1,100Utilities by tenantAssumed sales price $120,000Current mortgage        $83,000 (I re-financed at 3.5%, 30-year fixed to pay off my school loan a few years ago)I've been using the latter version for how much annual profit I make on my investment, as follows:$120,000-$83,000=$37,000 (in my mind I have $37,000 locked up in the property currently, ignoring sales fees)Annual net income=12 X ($1,100-$665) = $5,220 My return on investment = $5,220 / $37,000 = 14.10%Any thoughts on this?

Read more here: Bank Rate.com Other possible benefits of seller financing include, possibly no credit check, low or no origination fee, flexible interest rates and terms, no inspection requirements, no appraisal fees, and I'm sure there is more but these are a few that come to mind. I

What did you have in mind?   I

If you don't mind I am going to send a connect request to you both.  

Having a mentor might be the single most important thing to getting over the "I'm new at this" nerves because you have a road map to follow (so long as they have the same goals in mind).  I