See, there is 0% chance a person would get anywhere close to this # solo, that should be obvious that it will take an organization of people.

I've heard from several people who thought they had an owner finance agreement signed at the kitchen table, assumed they were paying down equity only to have the house sold right out from under them.Ben,  How common is this that a seller is willing to give up their deed upfront in exchange for seller financing.  

Many people online will tell you you can QuickClaim it yourself (which you can), but I always use an attorney. 

@Drew Sygit I do wonder about people who allow signing without deposit.

So when people are saying, "values are $500/square foot so if I add 100 square feet I just added $50,000 in value."

Cornhole board games, Horse shoes, Volley Ball net or Basketball net, Non expensive poker table with cars and chips, board games, Playstation or Nintendo for the teens, even spend a little extra for a full size stand up arcade game.You would be surprised the extra stars and kind words a few family nights of fun can make memories and people wanting to come back!

Just a rate does not show what options people can find on the market place.I just locked a loan at 5.99% with 1.15 points and no prepayment penalty for an investor.

Leverage Lines of Credit: Some people tap into personal or business lines of credit to cover the EMD.

Some tenants are on the edge and act better when the problem people are gone.

Things can get out of hand pretty quickly.