Kind of like how MSRP is meaningless for many consumer goods.

I have been consuming as much information in the past two weeks as possible on this site (and others).

Both of my grandfather's had single family rentals in their younger years and have encouraged me to look into rentals, which has lead me to Bigger Pockets I've been voraciously consuming old podcast episodes, the last few webinars, forums posts etc. 

Yes, it's learning the loan docs that's going to be the more time-consuming factor. 

I doubt the seller has underlying financing because of the low dollar amount of the transaction, but if he does, a wrap note/deed of trust is possible.CFD is disfavored for a couple of reasons, but can work here *because* you are not a consumer - bought for personal use. 

They are far more time-consuming than necessary.I take pictures and/or video.

.- it really isn’t that time consuming or expensive. 

They spend money to get qualified leads (such as you) so the site is free for consumers.

We understand how time consuming it is to deal with investor relationships and value your time.

The key is having no other consumer debt as banks will lend to 40% debt to income (some use another formula), so the less consumer debt the more homes that make you money.