I think we can all agree that the potential risks involved are something to consider prior to selling a property using seller finance.  

The appreciation for the property is definitely going to be long term and not short term, so selling now isn’t ideal.The property manager agreed to market it as a medium term rental, so we’ll try that, but it's new to both of us, and it seems like it would have to rent at $3700 to be profitable; does that seem too high to the folks here?  

One thing to note is by paying it down, it can hurt liquidity so if that is an issue, keeping it in a bank account would be a better bet, but if liquidity not an issue, then I agree 100%

They have the top lenders in the country and can help match you with one that makes the most sense for what you need. 

The most commonly known is a non-binding offer from the buyer where the main points to agree upon (e.g. price, down payment, financing structure) are agreed upon before a more formal contract of sale is drafted.

I agree zillow applications are basic, but I just follow up and request additional info if needed.

I agree what others have said sweat equity it and do what you can hiring out only what you have to in order to take the shortest straightest line to cash flow coming in. by the time you sell this thing you will have 2-3 more payments out the door as well. its clear to me, they both hurt but the option to hold will recover...some day.so you either set yourself back for a couple years losing and paying on a property you dont own or a little every month on one you do that will eventually have upside, unfortunately if i was in your position i would look in the mirror and say made your bed- lie in it. 

I agree with you on going the owner occupy route here in SD.

Unfortunately the rent is at $1325 with market rent at $1690 so I let the property manager know to not sign or agree to anything  more unless it is approved by me.   

People just highlight one, usually :)   Agreed,I will tread lightly and I have real affordable houses about 30 minutes from me.Plan is to start with some flips then take profits into rentals slowly.