Make sure that your tax accountant understands this. 

The information contained in this post is not to be relied upon.

If this is a property you want to buy you can make any offer you want but your owner financing offer is awful if she has any financial acumen. 

I love talking about this stuff so much that my kids complain about it constantly, so I thought helping other people understand some of the general contours of the industry from a legal perspective would be a better outlet than lecturing teenagers for a fourth time about what a defeasance is!

I've done a lot of value add as well so that helped speed up the process.

Definitely some great advice in this thread! 

I was wondering if you know how to answer this question without providing the word “Skip Tracing” to them.

Take it one step at a time and use the forum to help you with the steps.

Property managers and agents can be really helpful as well as they’ll give you insight into the market and could have some opportunities for you down the road.In the meantime, try researching the areas you're interested in.

This will clarify and reinforce what you are reading.