What made you interested in investing in this type of deal?

So, one program may have a "forgivable" option and a "payback" option type of thing. 

5) What type of problems are you having?

The good news is: I'm officially finished with the renovation as of this weekend, and will be able to list it mid-term and hopefully get to a BEAF (Break Even Appreciation Focus) type situation over the next few months. 

I intend to build a portfolio of different property types.  

What I know about this house is that there should be no mortgage (messaged realtor to verify), last sold for $60k in 2004.Rent in my area; $1,200 is usually pushing it but doable.https://www.realtor.com/realestateandhomes-detail/200-Walnut...At the end of the day, I love the idea of seller financing but I have many more questions when it comes to different types of properties that might be mortgaged and how does one pay the monthly payments on top of paying the equity to the seller at the same time.

Broadly speaking, there are two types; offsite (like SFR, small apartments, etc) and onsite (large apartments with leasing offices on the property).For offsite, I usually see 8-10% of collected rents, half or all of late fees and 1/2 to all of the first month's rent. 

If there's no credit report or appraisal, then those loans cannot be sold on the secondary market (at least I don't know of any buyers for those types of loans).

Engaging with tenants to understand their needs and preferences can help in tailoring services and amenities, thus enhancing their satisfaction and loyalty.Key Takeaways:Implement tenant engagement programs to build community and loyalty.Regularly review and update lease agreements to reflect current market conditions and tenant expectations.Diversification of Investment PortfolioDiversification across different types of CRE, geographical areas, and tenant industries can mitigate risks associated with market fluctuations.

@Raj Patel In most real estate deals now DSCR or any type of loan doesn’t make sense.