They could also sell the property to you and lease it back, allowing them to remain in the home while accessing liquidity.

I am looking to expand my rentals & looking at the idea of doing something unique in a more remote location.What have you found with Tiny Homes, Tree House, Secluded Cabins, etc.?

I look forward to meeting some of you and expanding my real estate knowledge!

Obviously none of they knew of the fire or looked at the property in the last few days.At tax sale I have seen people have bought:US Army bombing rangeExpired lease on propertyhouse with 3 walls, 4th wall missingsliver of land 2 feet wide50 foot cliff, access by helicopter onlyland at bottom of man made lake (literally underwater property)wetlandsflood plainsunbuildable propertyfailed perk testhistoric dig site, can't disturbproperty with no road frontagecondemned propertyproperty already scheduled for demolition soonformer gas station with leaking gas and oil tanks undergrounddry cleaning plant with toxic wasteSuper fund sitechromium factory with tanks and barrels of an unknown liquiddistillery with full barrells (ATF and state government was very interested and wanted to seize and destroy those barrells)Bigger Pockets Podcast #82 

Then, get this...they SEND the buyer, all my personal financial data by giving them login access to my records.

I believe you are not aware that the definition of "equity skimming" has been expanded since the great Federal Reserve debacle of 2008.  

Would change the rate but you can keep the property and reinvest to expand your portfolio.

I’m looking to expand my portfolio more quickly and am particularly interested in trying seller financing as a strategy.

The area is expanding rapidly and I could see this property really going up in value as there is a very limited amount of buildable space between the mountains and the ocean, so I see this as a great investment and I would love to keep it.

If you have access to outside capital/equity, you already have an advantage over most.