You are playing with fire with this strategy to start, but then when you count in an inexperienced rehab to rent a year later, I would earmark this for disaster.

It was left up.This particular individual would have really went off and done personal attacks if anyone would have been bold enough to challenge what he was doing openly.

I think with Boise in particular, and the pacific Northwest in general, positive cashflow is difficult to achieve, especially for an out of state investor since the market is so competitive.Even with boots on the ground, cash flowing properties seem to be a unicorn even when purchasing for 70 cents on the dollar.One opportunity for cashflow in Boise is the ADU play -- new regulations make it more conducive and returns can be 10%+ cash on cash for a property in the right neighborhood.- Kole

@Jerry ZhangThis is not your ideal seller financing individual.

Robbie - first thing that comes to mind is renting out the rooms individually on shorter term leases (co-living model). 

@Jordyn Gegg - I have a PM company that oversees all of my individual LLCs.

The home sold for 135k to an individual using a VA Loan.

Quote from @Brody Veilleux: As far as I’m aware, FHA loans are only for individuals.

If individuals and/or LLCs are the beneficiaries, then it is doable. 

While my insurance charges are relatively low each year given this is a condo, I learned to better assess who is behind budget planning at the HOA level for all of the units for roof, cleaning costs, basement improvements (shared by all units), given this was run well by one individual.