Thanks @Erik Hitzelberger , exactly.

Did a second walk through this weekend to make sure everything is still the same condition as the first walk through.

property location/ condition?

Thanks again for your guidance this is exactly the kind of practical advice I was hoping for! 

Imagine making millions of dollars over the course of your career and then having to pay 30-50% every year to uncle sam instead of compounding that cash over time.This is exactly what real estate professionals have learned to mitigate.To reduce their taxable income, they just buy a building every year, do a cost seg, and use depreciation to reduce their tax liability dramatically.Their personal wealth snowball grows much larger and much faster than their W2 counterparts who give most of their money back to the government each year.Following this strategy as a real estate professional is one of best ways to end up with a much larger net worth at the end of your career.

These are the exact things that have always prevented those who haven't bought.

Clearly she had been down this road with other people and knew exactly how it would escalate.

Chasing cash on cash returns through rental income will generally do the exact opposite. 

Foreclosure auction buyers cannot walk the property and have no idea of its condition.

Seller financing: Note for $1,350,000.00  - 7% amortized over 30 years with balloon payment after 7 years, interest only. ( I am trying to get the first year at 6% to stabilize then go to 7% remaining 6 years)Property Condition: Above average.