I've heard about a just cause ordinance that is being proposed. 

Idk I'm just proposing some other ideas. 

Many people do this, for example, buy helping aunts/uncles/family friends with retirement accounts from previous jobs set up a self-directed IRA which can then loan on the project (though see handsoffmyira.com for an important and immanent legislative threat to this funding model).I honestly feel like a lot of it does come down to the purchase price though.

.#3: If You Know What to Listen For, Sellers Are Often Practically ASKING You to Propose Seller FinancingThe problem many investors have is that they propose Seller Financing from a selfish perspective—it’s what THEY want or need.

We put the property under contract with private money; and, I have spoken with some conventional financing options that I have used before that have told me that we can do a delayed closing as soon as we are done.My question, more specifically, is based on the fact that real estate has gone up since our proposal. 

This will help with the assisted living costs, and add some oomphf to the proposal @Jonathan Bombaci suggested (which is a great suggestion).

What steps can I take to find an interested investor, and what type of deal should I expect to propose to them? 

I know no one deal looks alike, but what do you typically look for and how do you propose the deal to the seller?

Then I think it would likely be OK.BUT definitely check with your MLS and propose that situation (don't let them answer a general "can I counsel other agents' clients" question without context because the answer will of course be "no").

Couple that with the new proposed limitation on IRA investments coming down the line, we need to make sure we capitalize our markets responsibly.