If hourly vendor vs salaried maintenance is what makes or breaks the deal...it's not a good deal.Your best estimates are likely to be from managers/owners of buildings similar to your subject property.

The basics of a seller financed deal are that the title co or closing attorney (if there is one) or seller’s attorney draws up the warranty deed transfers title, the promissory note evidencing the debt related to the transaction, and either the deed of trust or mortgage (whichever is being used) perfecting the lien against the subject property.  

However, there are some drawbacks to putting a rental property in a trust - first setting up a trust can be expensive and involve a lot of paperwork, the rental property may be subject to rent control and liability insurance may be more expensive for a trust.

I recently came across an interesting opportunity and thought I’d share the details.
Mortgage Details:
Outstanding Balance: $70,000Fixed Interest Rate: 3.75%Monthly Payment (PITI): $950Loan Maturity: May 2045
The p...

You mentioned you're reading books on the subject - that's always helpful.

But most pricing is a function of recent comps, adjusted for the subject property by size, condition of systems, and aesthetic qualities. 

Then since your out of control your subject to human nature.

Hi James,We are looking for our first house hack as well. 2 months ago, I would have been excited to get into any good multi-family with conventional financing, but in the last couple weeks, I have been learning a lot about creative financing options such as seller financing and subject to.

There are a lot of events through a group I am associated with that talk on these subjects.

Because I want to learn more about these subjects, I paid $299+ $199 to learn more about introductory to Real Estate and Stock Market.