@Dustin MatheniaSeller originally wanted to rent it out. since he lives in CA, a sale and receipt of a lump sump would result in a extremely high tax burden, thats why he would consider seller financing, but of course wants to get as many eggs as he can in his basket, and wants to charge interest upfront.

They are likely requiring seller financing because it allows the owner to liquidate the property and get a fat down payment, while still receiving predictable interest payments over the next 5 years.

@Mike DymskiYou mean “you’re super fat, you should join my gym...” isn’t a great sale technique?

My average property goes up in value $25k per year, and my average rent goes up $100 a month every year.I end up making, with patience, more cash flow from far less units in my DC area properties with initial low yields than the Baltimore guys just 30 mins away are making on fat more units on their high yield stuff. 

Fat chance she didn't know.

I've been listening to a few episodes a day and trying to take everything I can in.

I believe if it’s that big, that you can in Portland, but also depends on the current house location, etc.

The title company gathers and verifies all the important papers from the lender and county, and mails a fat packet to me.

That and a fat dep. sweetens the offer. 

My pet addendum is for a well-trained family dog (breed and age restrictions, none under 1-year, vet records, required city pet license), landlord/pet interview and/or Canine Good Citizen Certificate required, $300,000 in liability insurance, pet damage to home including yard is financial responsibility of tenant, not considered "normal wear and tear," and that damage assumed to be by pet if it can be reasonably determined to be caused by a pet (so tenant cannot say it was their kid that scratched up the kitchen cabinets or peed on carpet).It sounds extreme, but my tenants also know if they have a well-trained dog, I don't charge them any additional pet rent or fees, and pet deposit is part of security deposit, completely refundable as long as my property is well-maintained.