If we get the impression they aren't committed or if they are looking for a "get rich quick" scheme, we typically don't accept them in the community. 

I would set up calls and then sit in and listen, every day, typically a few times a day for around 6 months.

You must exclude the land value, typically allocated based on property tax assessments or an appraisal, as land is non-depreciable.

typically with seller finance there would be some period of monthly payments and then a balloon where you pay off the balance in full. 

You typically need to be in the $400-450k range to see those rents.

@Kendric BufordRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

@Venecia BaezRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

Typically in my experience EVERYONE is happy to help.

Purley asset-based lenders are most likely going to be hard money lenders whose rates are typically going to be much higher.

This is an area that home inspectors typically do not cover in their reports.