Do you think those same tactics and techniques will work well? 

Hello BiggerPockets community,I wanted to come to the forums and ask everyone who is familiar with seller financing, or have done deals using this investment technique, which states are the best to do this form of investing in and why?

Many do not qualify and having a PM does not help your case.You may want to read up on IRC 469 and review the IRS's Audit Technique guide. https://www.irs.gov/pub/irs-mssp/pal.pdf

I haven't heard of the "Binder" technique before, but it sounds like a great idea.As for increasing the Studio ADR, we are considering offering guests a half a dozen fresh eggs for breakfast since we have chickens. 

To get information and firsthand experience from investors who have used the BRRRR technique in comparable markets, think about contacting nearby real estate investors, going to networking functions, and participating in internet discussion boards.Furthermore, keep learning by watching videos, participating in forums, listening to podcasts, and reading books that are especially on the BRRRR technique.

To find investment possibilities, consider elements including property pricing, demand for rentals, vacancy rates, and economic trends.Think About Financing choices: Investigate your choices for financing a possible real estate purchase, such as FHA loans, conventional mortgages, home equity lines of credit, or other innovative financing techniques.

There are no laws against it, and it can be an effective technique in the right situation.

I’ve flipped houses locally in Florida but never got traction with marketing on all the techniques every big time investor I knew recommended over the last 5 years. 

The technique you describe is a terrible choice!

One minor exception to the comment: not advisable to lose Section 8 funding which could result both an immediate lose of further rents and/or a squatting/eviction scenario.Next:1) In terms of the late rent payment(s) - consider a 3-Day Notice to "Cure or Quit". 2) If step 1) ineffective, consider the lease type - in many states if month-to-month the lessor has the right to submit "30-Day Notice to Vacate" without cause. 3) If step 2) is ineffective, an Unlawful Detainer (aka Eviction) could be pursued.