Quote from @Devin James: Quote from @Jay Hinrichs: for us we do very little marketing we rely on MLS what we do to compete is spend an extra 10k or so per house with upgrades other builders simply wont do..

May be worth the extra cash on hand and leaving it in the deal. 

I don't want to deal with massive headaches  for extra perceived yield. 

It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain.

The reality is many lower rate offers have a higher price or are $hit properties, but not all.If you are paying extra for owner financing make sure that the discount rate easily justifies the purchase price.  

What we learned: We got lucky that we gained a lot of extra equity soon after we bought the house, which makes these repairs palatable. 

Luckily I had extra cash and I will close.

Without complete financials up to that point, extra work (and headache) will be required to get everything straight after years of failure to keep complete financials.There also might be an asset protection wrinkle by not maintaining complete books for an LLC, but I won't comment on that as I'm not an attorney.

I'm just being extra careful (as I should) with the local team handling the transactions.

But… we already had that requirement; houses with four or more bedrooms have needed an approval for extra bedrooms for a few years now.All that to say, I’ve been watching it closely and even I have no clear answers on what’s what.