Positives are proximity, low property taxes, no income taxes, no weather events, very low maintenance stucco/tile structures, “young” properties (5-20 years old) 

Quote from @Michael Challenger: I have no qualms with hard money lending, but I need to learn more about the process and structure to these for typical deals so that I am more comfortable and in a position to reduce my personal risk and risk to investors as much as possible.

can uncover key details.Leverage Creative FinancingWhen price is a sticking point, structuring the deal creatively can make it a win-win.

I feel this gives me the flexibility to find the right solution for my client and not just sell what my bank offers.I'll also throw in my 2 cents on common differences I've seen in my career:CDFIs - Because of their subsidized financing structure, they have the ability to be a low cost lender (and sometimes provide grants).

We call renters members due to the legal structure. 

Structuring the DealWhat are some best practices when structuring a seller-financed deal with a partner?

Smart investors first focus on finding quality properties—such as those in thriving areas of Brooklyn or potential neighborhoods around Manhattan—and then reverse engineer the process by improving management, optimizing rental structures, or enhancing facilities to make it worthwhile.

Your account structure depends on your goals for growth and if you plan to self-manage or hire a PM.

I knew not to expect that in the future but was hoping to replicate some of that deal structure.

I’m looking to ensure I structure things correctly and attract the right partners.