Hey @Fadela Zaoui - if its a court ordered sale... unlikely sellers would entertain seller financing, but the answer's always no unless you ask :) I recommend working with your broker to figure out what the sellers really want - sounds like one of the sellers wants to cash out so they may not be the person that wants to do seller financing BUT the other seller may be open to it.You could also potentially look at a joint venture option where you just buy out the seller that wishes to sell her portion, and partner up with the other equity holder who now gets to retain their piece of the pie. 

Very involved in the REI community here, sponsors part of the REI Central meetup each month, works with a large portion of the investor base here.

If so many people are considering it a "don't do" and multiple realtors are calling it illegal then why is it on the HUD and why are there specific portions of IRS regulations around how to do it properly?

Which portion of the tax code do they reference / how are they interpreting it?

My initial instinct is to make sure you understand the occupancy expectations for residential but especially the commercial risk portion when underwriting.

EXPERIENCE/TRACK RECORD: A big portion of how aggressive a lender can be with their terms is your experience.

I am looking to achieve a low down payment and renovate the portion of the home I would be "living in" over the year I am supposed to be residing there and essentially using that year to take my time with renovations as I am full time student and working full time.

Just as an FYI Mr/Mrs Moderator lol)When investing in turnkey properties or even if you are buying distressed, fixing up and holding.The most vital part to your ongoing success is going to be property management.

Many people are at different stages of life and income may be high so selling outright may lead Uncle Sam to take a much larger portion of their income.

8 percent on the loan is great, but if you don't know what you are doing on the rehab portion of the numbers are wrong, you could be creating too tight a window for success here.