Early on in my career, I saw a close frend do something similar.. she borrowed from her circle to finance a rural fixer-upper, then paid them back once she refinanced after the rehab.I’m guessing that massive yard plus the barn is already a big selling point for your tenant, especially with a family that wants a little extra room for animals.

I think the big question is how badly do you want to keep the extra $50k liquid?

The only big issue I ran into is on of the basement walls needed extra support, I don't think a newer build would have that issue. 

With an extra vacancy or a maintenance issue or an extra turnover, this is definitely a negative cash flow producing investment.So when you say the rent growth and value growth have exceeded your expectations, I would love to have you respond as to how that is possibly the case. 

Give them a little extra motivation to maximize property income and keep things running smooth like butter.

Pretty much everything I have seen and read is:Find out the sellers motivation/problem and speak to solving that issue.Give an offer but explain how you got your numbers.Other than that, it seems pretty limited for negotiating information. 

Most investors let the tenants pay down the mortgage and use extra money for their down payment on their next rental.  

This extra road frontage now also qualifies my property to be able to be legally converted into a triplex from a duplex.

.* Identifying motivated sellers and honing my outreach.* Learning the ins and outs of structuring win-win deals.I’m open to partnering, collaborating, or just grabbing coffee to exchange ideas.

He isn't a motivated seller.If it will rent for $1900  a month, that means to make money you have to have a payment that includes, principal, interest, prop taxes, insurance, at less than $1400 a month. $190,000 at 3% interest is P&I $801 + prop tax plus insurance a month.