I didn't even think to check my local govt on the regulations about rental property.

@Cameron Porter If you're looking at MLS properties, try focusing on ones that have been listed for 90 days or more, or check out expired listings—those are properties that were listed by agents but didn’t sell.

As others have said, you need to check the regs in the area you are looking to make sure STRs aren't severely restricted.

@Tim Thompson  it could get tricky,  check your states laws on evicting victims of domestic violence.

I'll check it out. 

Notified them and checked back every day.

There is also the lending field which is quite lucrative if your more into financecommercial real estate if some day you want to be doing bigger deals and making 6 figure commissions checks.. etc etc.to try to start your business as a flipper or wholesaler is tough and it has a 95% failure rate being that it appeals to the mass's of which many frankly don't have the skills to succeed or the financing behind them.OR converselyMake money at your chosen profession save and buy and hold.. buy the best you can hold for long term.. same with buying securities .

If they're not familiar then it's your chance to get your foot in the door by bringing 1031 education to them.It's been a few years since I checked but at one time NAR showed statistics that of all the transactions potentially qualifying for 1031 exchanges, only about 10% were actually handled that way. 

First, I would never try and provide tax advice to a seller, it will get you sued, especially to a 100 year old person.Regarding seller finance, since the amount is spread out over long term, they should check with their CPA on how they are or are not taxed on the gains as well as interest on the loan.

People laugh sometimes but I've bought two houses on credit cards using one of my account checks at times when I had a lot of projects going at once and was short on cash but didn't want to let a great deal go by.