I don't often see numbers like that in Pensacola, so wondered if reactions here would to take the shot for good #'s and turnkey condition despite sketchy area.

Let’s toss out scenarios so you can begin to perform your own internal game theory and then I’ll wrap up with my own take on what’s to come (fwiw):What reaction will the real estate market have if the Dow Jones plunges from 28,000 to 10,000 in January?

New Western typically always provides comps that meet appraisal guidelines, and they usually share access to comps with you so that you can see everything in the area for yourself.I understand the initial reaction from the more traditional real estate agents in previous posts.

Like a bunch of things the real estate has cycles and the market some day might be a Buyers market.I am sorry that this reaction is so long but I felt you needed it.  

My first question is just a gut reaction: is such a deal doable with two newbies using an LLC with no assets?

This article captures the ethics of "surge pricing" well: http://reason.com/archives/2017/08/30/prices-shoul...The phrase "price gouging" elicits emotional reactions, but in reality it's the difference between getting service and not getting it.

My first reaction is that it may make a good rental. 

I like that idea of not labeling it Casey, since some people will have a gut reaction when they hear the words "seller financing".

That being said your post doesn't across as one that would come from someone with the experience needed to make this call so that might be part of it the reaction it elicited.   

Even if it puts a damper on my investing.Remember it is all about finding a solution where everyone wins and based on the reaction you described, there is no situation right now where she will consider moving from that house a win.