That doesn't mean you shouldn't do it, just be sure to run the numbers factoring in all your costs.With townhomes you may have an HOA fee that needs to be part of your expenses, and you may have a harder time increasing the the ARV, because you may have fewer options as to what you do to the structure; hopefully there is an experienced real estate agent in the area that can guide you.

I've read forum after forum discussing the dangers of RTO and seller-financing since the Dodd-Frank act.

Let me illustrate - you can borrow 30 year money for under 3.5% right now or you can invest that equity and earn a multiple of that.Debt is a tool like a chain saw - yes, it can be dangerous, but if you know what you are doing and don't become careless it is much faster getting the job done.

It's not dangerous (I'm not a mold scare guy), but there's likely a persistent stink down there that you need a basement dehumidifier to help mitigate.

Any dangers or downsides, or perhaps any other suggestions?? 

I would stay away from north Jacksonville since the area can be a little bit dangerous. 

Rather, I have fewer and much higher value properties.

@Fernanda NettoIs the staircase condition dangerous/unsafe now?

It seems like there are fewer 'wholesalers' in this space just due to the lack of inventory compared to single family homes. 

We are seeing slightly fewer homes for sale but the demand for those homes is keeping property prices on an upwards trend - People want to move here!