Not only did you provide productive ideas but also the pitfalls to expect in the event a host may go down the path suggested. 

There are always pitfalls to be aware of, but that's what I try to help investors get avoid all together.

The pitfall here is that the installment sale profit is taxed in the year received at the capital gains tax rate in effect at that time.

For the price though, its an excellent resource to get to know the landscape and pitfalls!

My question is:Is anyone willing to give a bit of advice or suggest any pitfalls I may be over looking?

Im in MA and the market is on fire right now, so any advice on how this might be spun as an advantage for the seller or any potential pitfalls to watch for would be greatly appreciated!

In First-Time Home Buyer, they’ll give you a comprehensive overview of the home-buying process so you can consider all of your options and avoid pitfalls while jumping into the big, bad role of homeowner.

Coming back from those pitfalls could ruin literally 10's of years worth of hard earned money if you have to pay it back.Take Jonathan's advice and build a sound foundation.. it will pay off in the long run and you'll be happy you did.

If so what are some of the pitfalls that I should look out for?

Do the numbers make sense, yes.Does the deal make sense, TBD.Kind of hard to ask for a deal analysis and then complain when people look at the deal as a whole and point out obvious pitfalls and dangers unrelated to the numbers.But heck, it's not our money, go for it!