One big advantage of a seller financed note is that, in the future, you can try and negotiate a lower payoff amount If they owe what its worth, you don't get that extra bonus in the future.

That being said, the future (especially regarding markets) is extremely tricky to predict.

Currently with the 179K price and 1700 future rents, it still shows a negative cash flow. 

@Bradley EischensWelcome to BP, and congratulations on making the decision to invest in your future via real estate.I have written a few blog posts that may help you get started here on BP, and with your investing.

Hi @Minh Nguyen Good to see you are doing the steps to invest in your future. 

This could lead to a future event that optionee comes up and buy my property at a stipulated price.Currently, I have heard a few things:- Title company: they say there have been a few transactions after this Option, there should be no issue, but this is not covered by insurance- an unpaid legal advice from a local lawyer: this is a defected title, should cancel the purchase- Realtor: we will try to remove this, but this is not an important issue- Realtor friends: No.

I'll be sure to come back for any future questions.

In the near future I may do some long term traveling away from home.

*In fact, another future article will be about why I offered more than asking price for one of my investments*Make some legit offers!

@David BalmedianoWelcome to BP, and congratulations on making the decision to invest in your future via real estate.I have written a few blog posts that may help you get started here on BP, and with your investing.