could it service the debt on $1m?

If the landlord or their employee did the work themselves, they must include a description of the work, how long it took, and the hourly rate they charged.

The 2-3% points in extra cost are worth it if you plan on using as I described above because the use would be for a few  months at most and due to that short term use you can survive a rate adjustment up.But, if you have no plan to payoff the debt like when using for a down payment on a long term hold why pay the extra cost for flexibility and have the additional risk of the adjustable rate with the amortization looming when you can get a fixed rate second mortgage. 

As well as I just launched my starter supply and Bath product campaign on my current properties and will include it with new ones. 

Or paying off my debt, while I provide them with a nice house to live in instead of an apartment. 

I would also include 'creative financing available' at the beginning of the listing description to capture everyone else looking on Zillow, etc

Your not correct under many different circumstances.First property tax is 1.1% (fairly safe) with 2% annual increase (prop 13).Next expenses include a lot more than property tax and interest. 

I literally laughed through the phone at his suggestion, because I was broke, in debt, and in every way and unqualified borrower, and the lending environment in 2012 was probably stricter than it had been since the invention of the 30yr mortgage.

There are many service companies that will manage seller finance notes including the payments, escrow accounts, and documentation. 

Despite facing setbacks, including a year-long renovation process, I tackled the repairs, improved the interiors, and addressed all concerns.