It's important to know what market rents are for what you are analyzing, many properties are super under rented and you have to get them to market rates. 

Some people only want 10-20% of their outstanding lines/debt balances available while the other 80-90% to be in fixed rate notes.

Chicago is a lower appreciation market but with the trends we've been seeing with increased rates of hurricanes on the east coast and fires in the west, I do think long-term we will see some migration to the Midwest.

But even then, seller financing is rarely substantially better than another investment they could make (including trust deed lending, which will often be at a higher rate than seller financing)In my experience, the owners who find owner financing advantageous are at the ends of their careers and are not interested in looking for another investment (other than the usual retirement funding sorts.)

Hello,I am a real estate investor located to Southeast MA, I own and manage a small portfolio of 23 units and am looking to expand and scale out of state as the returns and market have been quite difficult in my area: due to CAP Rates, specific building class I am looking to invest in, and rising interest rates/minimal inventory, as well as it would be nicer to be diversified and in a more landlord friendly state.  

It is the interest rates at which banks lend to each other and is short for Secured Overnight Financing Rate. 

Yes their rates are steep, but that's hard $$$ for you.

My properties average 4.9 star cleaning rating, which is hard to accomplish given how petty some guests can be.

Interest rate: Your interest rate is XX% APR interest-only plus X points.

Not everyone will renew, but having great customer service, quick maintenance, good renewal rates, solid communication etc go a long way in retention.