I have done this a few times myself and have a few basic recommendations:1) Make sure the seller owns the property free and clear and that it's very clear to both parties whether the arrangement involves a deed of trust or contract for deed2) If a balloon payment is involved, be sure to assess your ability to refinance and make that balloon payment in the future- optional extensions can help manage this risk3) Understand the tax implications if the interest rate is notably above or below market rates4) Get title insurance! 

If you are stugling at that level my advice is go out and leran the market.

I know you can't speak legal but maybe there are high level things to look out for.

Don't trust one, compare all 3 in my opinion. 

It’s a great way to get a feel for being a landlord while building your trusted team.If you’re focused on cash flow, the Cleveland/Dayton area is worth considering.

Even just one bedroom and one level of the home may be sufficient depending on who is using it.

@Justin Brin I do have a trusted, competent successful arbitrage operator for my out of state rental and it has been great for several years.

Many contain higher level ofchemicals (formaldehyde) and others compared to what they claim, especially per LEED standards.

It depends on his goals, but if he's looking for cash flow I would buy a secured first trust deed.

That level of cash flow, combined with the appreciation potential, could definitely be attractive to a new investor, especially if they’re interested in STRs.