So if I am connecting the dots, if I were to use a licensed mortgage loan officer and a title attorney to create the note and all the associated paperwork, and we qualified our buyer very carefully, I should be able to sell the note sooner rather than later, and not have to take such a deeply discounted price that I lose all the profit that was in the deal? 

As you collect information your first purchase maybe sooner than you think.

= Learn SOONER!

Currently at 6% rate, I would have done sooner, but I didn't intend to keep property this long.

Sounds like an old bank loan that fell out of the basket, sounds pretty good and, it might get paid off sooner, that's even better!

The property is in a B area, with C schools, its 3 bed 1.5 bath, 1200 sqft, 2 story, garage, no basement, it is in need of some moderate rehab (exterior wood repair, garage door, flooring, paint, bathroom tile, roof sooner than later, etc)If I were to buy at 76k that drops my ROI by about 4% a year.  

Even if I split that with him to get him paid back sooner, it would take years and we wouldn't have much of a kitty should we have any unforseen expenses.  

You introduced yourself sooner than most B.

Closing shall be set for 60 days or sooner and the Balance of the purchase price will be paid at closing.

The good thing is, your college education will count towards your experience once you start working in the field of your degree, allowing you to make a purchase sooner than the 2 year work history requirement.