I'd offer him his $190,000 if he will take payments at 3%, NO BALLOON, you'll make good money and get tax write offs. 

I would spend hours on the phone assisting them with their deals, I’d write all their questions down and then sit with Dave and the other PPR partners, after work getting their answers.

So should your facilitator.4) As a trustee, you can now write a check or wire money into any investment that follows retirement plan rules (no artwork, collectibles, alcohol, insurance, etc., and no disqualified parties).

@Rene Hosman The only time I've seen them is larger buildings that have financing and the success of the project is contingent on a certain occupancy number, but then again what project isn't :) That being said, I'd always write concessions to start on the second month of full rent.

Did you have an agreement in writing signed by both you and the designer regarding payment schedule and purchases?

Sometimes I wonder if people just feel better about themselves to spend all those nights and weekends on real estate when, realistically speaking, they would have earned just as good a return (or pretty close to it) by investing in a stock market index fund and had way more free time in life  I realize my premise here is antithetical to the whole notion of BiggerPockets so of course bigger pockets hates me writing this, as do all real estate agents and property managers, but it’s the truth and everyone needs to think about it

Primarily it is because he gets credited with "writing the book on notes" which his hardly is.

Put it in writing and have both of you sign it.

The property was my primary residence for a decade and now functions as rental unit so I am happy with the purchase overall and it has worked out well.

ZERO properties so far) is that with seller financing you can write up the contract pretty much any way you like.