Based on my experience managing a significant number of rentals, leasing back to a seller can work, but it’s essential to approach it carefully.Lease Start Date:The lease should be signed at closing and start on the same day—Monday in your case.

In my mind, the liability and possibility of harming the seller outweigh the rewards.  

You can click on the magnifying glass in the upper corner I will repeat as I do every time.

Are there any creative ways you’d recommend for me to identify and approach motivated sellers or uncover foreclosures?

Closing costs - you will have to pay taxes/stamps etc. typically as a seller.4.

I've had this line in my profile for like 5 years.

It kind of depends on the type of properties you're looking for funding on.

@Cameron Moore I knew I could count on you for a legit answer.

Any taxes not owed, a seller merely file a tax return with the state, just like any other tax returns filed for extra taxes a government has with held. 

One, you might want to consider Seller Financing (in Michigan, we call it a Land Contract) which can allow you to buy property while using the Seller as Banker; not all Sellers are open to this, but it can be beneficial to both the Buyer and Seller.