Many are personal friends of mine living just 40 minutes south here in San Diego. 

It depends on where you want to live, income, personality, and other factors.You could buy a large home and rent out the individual rooms to cover expenses, but this comes with problems.

What I've seen is that when asked to provide an assurance that a loan wouldn't be called because of a due on sale clause being triggered, the lender customer service typically just outright says it's not allowed, or default to a "no", because they see it as a black and white question, and miss why the due on sale clause is actually written into the mortgage document to begin with.If one is transferring property title from personal name, a Grant/Warranty Deed would be drafted/recorded to transfer title.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

I have only heard of it happening one time personally..

Do you have other collateral, such as another income property or your personal residence (last resort) your seller could record their lien against? 

I think the 10-14% rate is where it will be for the next five or so years personally so plenty of opportunity

You must have your personal finances in order before you invest.

This is the foundation of why LaPlante Real Estate is based in portfolio management and property management... my personal portfolio started in 2009 and I find the majority tends to be Section 8. 

This is my first personal mortgage so I'm trying to learn the game.