Developers will not be able to get these bonus building permits without providing such TDR credits.  

I would like to learn more about seller financing, I see a lot of information on the internet about seller financing but honestly I am just confused.

I'm wondering if a BLOC could help to build my business credit.

You definitely want to use a thorough screening method like rentprep.com that gets their income, credit, background check, and call at least 3 references (make sure to verify them by address/job and then their name).  

Many community banks will give you credit for proforma rents.  

Yes, but the 3rd option is I pay the remaining seller note principle in cash via my own savings/lines of credit. 

@Randall AlanRandy,I have roughly 1+m of funds, that includes open lines of credit.

i would never tell a random person on the internet where they should live. 

Quote from @Jaycee Greene: Assuming you pay asking price, I'd estimate the down payment for something like that using a hard money loan (HML) would be around 40% of the purchase price and your monthly payment would be $2,600 with an interest rate in the low 7% range (probably need a 700+ credit score to get that).

Go wtih what works - but intelligently.We offer a free month of rent, but to avoid desperate people, we credit 50% towards their 2nd month (to make sure they can afford 1st month rent + SD) and then credit the other 50% the 5th month.