That being said I know we have a lot of people championing for the return of an even better app, but no set timeframe for something like that yet. 

Quick question on those who have done seller financing:- Buying a 0.3 acre downtown fort lauderdale multi family, negotiated an around 1M price w lot of development rights, double lot. seller got it way back early 90s for pennies- got good credit 800+, w2 job etc put 40% down and mortgage bank offered 6.62% 30yr fixed (CF negative as this would make current rent roll not too much compared to the PITI)- property is in ok condition, needs 20-30k repairs which seller OKd, and all 3 tenants are month to month, pay bit under market but also ok- seller would like to do seller financing, interest only at 5.75%, 30yr amortization at 7yr balloon (CF would be positive) - id be paying some principal as well, just to grow some equity- buying this deal for the future development of the area (las olas, kushner broward crossing) so not really worried even if we overpay for it now, but never done creative finance as i always relied on a strong W2 job to get good loans but obv im used to 3% 30yr rates from covid times not this 6+ environment..Goal is to hold the property 3-5yrs, and then actually develop it or sell half the land / refinance, pull out HELOC if it appreciates.Questions:1) What does he know that i dont? 

Louis and looking at buying a property in Springfield, IL.

If you prove you have the knowledge to help there, people will DM you without you having to ask.

This is an investment property (buy/hold) that I'm planning to develop considering the new 2020 laws.

I'm going to assume you aren't talking about bank financing, but rather, investor/partner funds.I prefer to keep other peoples' money out whenever possible.

Great insurance agent, great realtor, great lender, great attorney, great title people great trades and others.A great realtor can save you time, money, frustrations, headaches, and keep you out of a lot of trouble. 

My rentals are under market rent so people stay with me for many years saving me a ton of $ on turnovers.

REALITY CHECK: THIS BUSINESS IS HARD.Wholesaling and buying houses off-market is a sales game—and sales is brutal.

As far as PadSplit, you'll have to check city and county laws concerning the number of unrelated people allowed to live in a house.