This entails building personal / working relationships with people successful in the field.

As the landlord, you have to agree to the lease assignment or demand a new one (considering that it's an MTM) and that entails whatever deposit and/or background checks you may require. 

The floor plan would entail 4 rooms and a shared living space (per floor) for the basement and the main floor and possibly two larger higher rent rooms on the third floor (w/ their own living space as well).Also, would each bedroom I rent out be considered a dwelling unit or would that be dictated by shared living spaces (one per floor)?

I presume this would entail figuring out what good deals look like locally and figuring out what works and doesn't in the Philippines.

This entails knowing the market meaning how long similar homes are on the market and what the range is for the home price. 

Many of you say "do your own research", but what does that entail?

That would give you a taste of what's entailed in entitling land for development in your city.

I know it will entail drywall work but we are hoping to do that on our own. 

Though we wouldn't be bale to rent out immediately since we will be looking to fix it up while living there, we would have more options and could possibly wholesale deals we get that we cant take at the moment (although I haven't really looked into what wholesaling entails, so thats just spit ballin'). 

Hello,I am generally curious about what Seller Financing entails and what the process can look like.If anyone could share the basics, any examples, or resources that would be great!