I personally know the person that owns the property and am close friends with him.

Been stuck on doing tons of research and looking at properties but haven't put action.

If it was bought as an investment property, it works great as an investment property. 

For example, I mention that every adult must pay a $XX application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.

Hi @Katie Lyon,Properties are typically still selling in Cape Coral right now to active buyers, even with elevated inventory.

@Pranita Maldikar Unless the seller is a family member or personal friend, I'm not sure why you'd want to put that much money down on the property.

Quote from @Jake Handler: For anyone that has been a buyer or seller of a seller finance property, what method of payment and tracking did you use for buyer to pay seller monthly? 

They develop, they build, they finance, they property manage, they will have HAO, cleaning crew etc. etc. etc. so the subsidiary companies make money every step of the way.From investor perspective: The investor pay $15 K to reserve the right to purchase 25 multiplex over the year of next 5 years. 5 each year.

Probably starting out small Jaycee - SF or maybe some smaller duplex type properties.

Probably not, but I'd see what my CPA and attorneys have to say.Be a pain having tenants pay you twice too.Also, passive income is already treated pretty favorably after deductions such as depreciation.