How feasible is it to have an offer accepted utilizing seller financing for non-REO properties with the intention to flip?

You will do yourself a huge favor by getting his books and utilizing his information.

A little about me:I graduated high school in 2020 at 17 and as soon as I turned 18, I went to work underground utility construction.

https://www.biggerpockets.com/blog/short-term-rental-loans-a...Also - PS on the advice regarding getting a vacation home loan - if this is referrring to the conventional 2nd Home / Vacation Home Loan (10% Down Loan) - I'd be very careful here, these are not supposed to be for STR investment properties (you are required to rent it out no more than half the year, not utilize prop management, ec.) - which doesn't sound like your plans for this investment

Essentially, the cap rate is the proportion of Net Operating Income (NOI) to the property's value or selling price:Cap Rate = Net Operating Income (NOI)/Property ValueThis ratio offers a direct method to evaluate the yield a property generates in relation to its cost.For advanced real estate investors, integrating additional factors might prove beneficial:Vacancy rate: The duration the property remains vacant.Operating expenses percentage: Includes insurance, utilities, and maintenance costs (excludes mortgage payments, depreciation, or income taxes).The adjusted formula for net income, incorporating these considerations, is:Net Income=(100 − Operating Expenses %) ×(100 − Vacancy Rate %) × Gross Income

Are utilities included in the rent price for MTRs? 

By utilizing our own funds, we could efficiently execute the deal and maximize returns, demonstrating our commitment to facilitating successful real estate investments for our partners.

Create notifications, utilize rental property calculations, and arrange viewings and open houses.

With a better understanding of your budget, you can make more informed decisions to ensure you are putting the money towards things that will not only keep your properties running, but to also increase the value of your properties.Financial Plans for the Future: Having a cost segregation study performed and using it as a planning tool allows you to have a roadmap for the future including being able to strategically utilize other tax benefits alongside it.

By utilizing our own resources, we facilitated a quick turnaround and maximized returns, reflecting our commitment to effective and efficient real estate investment strategies for our partners.