If you have large debt with a high interest rate, I would consider paying that off before getting started investing in real estate. 

This works with any type of appreciating property such as real estate, stocks, etcDepending on the appreciation rate, you can potentially see asset values double every 7-14 years.Likely around 7 years if the appreciation rate is 8%Likely around 14 years if the appreciation rate is 4%If you buy something for $100,000 and it appreciates to $200,000, you can potentially take a loan on the $100,000 appreciation which would not be considered a taxable event.However, be mindful that you are paying interest on the loan and you have to payback the loan but yes, it would not add on to your taxable income.

We don’t have an immediate need for the cash and current rates are attractive, so would love to hear what the pro/cons of seller financing are in this situation?

Hey everyone, Nice to meet you all!

Fellow attorneys rate him 1.5 or 2.5 out of 5.  

Here's a bit more in detail about how rates are calculated for DSCR loans:1.

The interest rate is not special nor is the 20% down (80% LTV).  

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

I've been looking at a lot of smaller towns around Cleveland, Ohio and have noticed there are a lot of seemingly decent cash flow properties, but more around the 1.5-1.8% rate.

It’s not necessarily more difficult than market-rate rentals, just different.If you’re seriously considering this route, feel free to reach out.