It's the spread between the purchase, ARV, and future cash-flow (lunch money). 

By asking us to fund repairs and then recoup them from future rents.

While the interest rate might be higher, you eliminate the risk of needing to refinance or sell later, making it a safer option if your goal is to hold the property long-term without any financial uncertainty.If maximizing cash flow now is a priority and you're comfortable managing the future refinancing risk, owner financing with a balloon could be the better choice.

This weekend I was lucky enough to attend an MFIN - Multi Family Investor Network - conference here in Colorado and see BiggerPockets CEO @Scott Trench share the stage with @Ben Suttles and @Feras Moussa talking about the future of real estate investing, plus a number of other keynote presentations and informative breakout sessions.

The only way to tell is by a careful review of your current situation and your expectations of your future situation.

It's hard for me to know how much cap ex and repairs will be in the future as the price of those things goes up.

We'd be looking to start small as mentioned with a 2/1 or 3/2 rental but not sure if it's worth looking in the states just yet or with future deals.Thanks BP team!

My big concern is not the above deals but being caught in the middle if any future Black Swan events. 

They are pushed into future years or, in IRS jargon, carried forward.

Are we going to see returns that look like stock market numbers for the foreseeable future.