is that it typically comes with higher rates on the first mortgage, if you're low income enough you might qualify for near free DPA but most DPA's open to all income brackets are typically at higher than market interest rates.

Also, the owner expressed concerns over the capital gains tax early in the discussion...so I am thinking the opportunity to do vendor financing will help me get a good purchase price and help the vendor with taxes.  

Your current home would rent for $1800 and PITI (principal, interest, taxes, and insurance) is $1250.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Don’t forget you’ll get 20-30% of the rate increase back in tax savings. 

End up with all cash and little to no tax.Your wealth snowball ends up a lot larger 10 years down the road when you make and keep your money in a more tax efficient way.

It mitigates the risk because you can go slow, you are living in the property, and you get the tailwind of 2+ years of market appreciation while waiting to sell tax free on the gains.

@Andrew Liu Does your operating expense taxes/insurance?

IN Oregon. we have very few derelict houses or building very few.the one area north of downtown ( the old warehouse district) most all bigger cities have those areas.. the City put a 10 year tax abatement for repurposing the buildings to residential so buyers did not owe property tax for 10 years. 

I think buy and hold is a better long-term strategy in terms of scaling and definitely comes with much more tax savings incentives to offset your regular income.If you were in my shoes, what would you prioritize at this stage of the journey?