Hey BP peeps, 
Newbie here, in discussions for my first Seller Financing deal!
Apologies in advance if there is a forum post similar to this, but I couldn't find one with a checklist-style format. As such, I am aski...

I am not excited to have to put a lot of money into the property, but my ultimate goal is to continue to build wealth and passive income through real estate.

Ultimately, the parents want to take their name off the title.

Hopefully, it survived and is still providing jobs to the community.  

While we'll be living in it for the next 9 months to a year, any purchase will ultimately be a strategic investment.

@Phil Sharp, Actually, if you look at everyone's answers here closely, I think you'll notice that they all have ultimately adopted a combination of cashflow AND appreciation.

And have the value and the mortgage balance ready as that will be the ultimate piece of information to see if a cash out loan is even possible.  

I'm having a dilemma choosing LVP flooring for a buy and hold remodel that will ultimately be a Personal Care Home in Georgia..The choices are Traffic Master LVP @$1.78/sqft, Duralux Rigid Core LVP $1.58/sqft (sale price cut from $2.29) and Lifeproof LVP @$2.78/sqft.Based on the product features, warranty, etc I'm leaning towards Lifeproof which is sold exclusively by HD.Any seasoned floor experts out there that can weigh in?

Ultimate, they are all tools in the tool box. 

While we'll be living in it for the next 9 months to a year, any purchase will ultimately be a strategic investment.