I've been doing traditional buy/hold traditional investor for several years and I have little desire to continue finding  another12 month or "long term tenants".Observation #1:  Niche marketing.I've been want to to market to a specific clientele or target tenant (without violating discrimination laws).   

So I quit mailing all together to the "traditional lists".  

Do i have to go to an attorney or title company to finalize the deal right away or is that after the term is over and the buyer decides that they want to purchase the property and are able to get a traditional loan from a bank . any help would be greatly appreciated thanks

He is a Christian radio guy who speaks on biblical principles to getting debt free, saving and getting ahead. 

I have done it and it will be a very profitable investment compared to traditional financing since you're essentially investing minimal amounts of your own money and reaping the benefits of the built equity and appreciation (and potentially even cashflow). 

Thanks for the warm welcome and encouraging words @Brandon Leiser and @Christian Laines!

My wife and I are real estate newbies, but have been investing in more "traditional" investment vehicles for several years now.

The property is occupied (would likely try to have it delivered vacant) and I would put down 5% which is the most I could afford and pretty much the lowest traditional mortgage would allow.

Tax assessor values are traditionally low, and irrelevant.

I'm expecting my 2nd little boy anyday and traditionally landlording has been more hands off than vacation renting landlording!