Zillow and google maps and other Internet methods aren't enough these days.https://www.biggerpockets.com/forums/48/topics/1159104-overl...

Quote from @Patrick Braswell: It's the best method of building wealth, bar none.

The OA is silent on the method of ownership. 

Quote from @Jeb Brilliant: Hi @Ruchir Kaul I forgot to mention there's a BP post somewhere on here with ~80 questions to ask a PM and I wouldn't ask them all of the but pick and choose a few.

Being that section 8 tenants average time in a property is 7-8 years, they are under the housing authority, they also wouldn’t want to lose their voucher, especially if they waited years to get in and much more.Am I safe investing with this method in a tenant friendly state?

For calculating this, there is a bunch of methods, first months rent is easiest to understand and execute, but might not represent how much work you put into the deal especially if the tenant is very picky or gets denied.

On smaller deals like this, the valuation is determined by the market demand as appraisers use the sales comp method. 

I guess, to get to the point, do you know anyone personally who has successfully purchased a property subto or seller financed one using Pace's contracts and methods?

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.