Financial terms.  

What is the expected return on investment, and how does it compare to syndication in terms of advantages and disadvantages? 

You can also search for local FB groups that specialize in longer term stays.

I have 2 properties now one I live in but Short Term Rent it when not home which is a lot.

I was working with Kiavi on a DSCR cash out refi 75% LTV on a SF home in NC that is rented to a long-term tenant.We setup the application, credit came through and the appraisal came through for both value of property and the "fair market" rental value.

Also, I'd encourage you to think long term. 20-30 years from now, it won't matter if you bought your first property now or 3 years from now.'

Because of this, most buyers come with cash or use short term seller financing.

Used houses in the area sell anywhere from $75-125 a square foot.These are long term rentals that I do not plan to sell.I am reading the Rental Property Investing book and implementing the method that focuses on cash flow and that strategy states you need to have $300 cash flow per month, per property.

Same day auctions of course are not going to be possible for a lender to lend on the initial purchase but you can often get the same hard money purchase terms right after closing if you're able to buy in cash

.- If you're going after a seller finance deal I think once you understand what it will take to get to a finished state its simply a matter of aligning your needs as far as short term cashflow with the current rents/situation, with the net number the seller needs after the refinance.