First time on this forum, and just introduced through two books I just read by David Greene and Brandon Turner.  

@Benjamin Carver great post with lots of helpful information.

I’ve been part of the BiggerPockets community for a while, but this is my first post.

Hope this helps. 

My goal is to rent it out to start generating some cash flow.I’m planning to remodel the kitchen soon, and once that’s done, I’d like to move out to make the apartment available for renters.

It takes enough of your margin, which you don't have because you put so little down in this market.

However, can you provide more information/details regarding your first townhome deal in Gainesville, especially the numbers?

Line Item Fee Collected Rents 10% of All Collected Rents New Tenant Search & Onboarding $500 Business Hour Service Calls $80/hour + Materials Cost + Tax After Hour Service Calls $110/hour + Materials Cost + Tax HVAC Cleaning & InspectionGutter CleaningSpring/Fall Exterior CleanupSeasonal Mowing & Weed TrimmingSeasonal Snow PlowingGeneral Contractor Vendor Cost + 10% Oversight Fee

We don’t have an immediate need for the cash and current rates are attractive, so would love to hear what the pro/cons of seller financing are in this situation?

No need to invest out of state, when you are in one of the best places in the world to invest in real estate.