Check local zoning laws and building codes to ensure converting the basement into a separate apartment is permissible.

Online resources, real estate forums, and local investor meetups can also provide valuable insights and practical advice from those who have firsthand experience with seller financing and flipping properties.

Two months goes by (not fast service which they advertise) and I begin to receive declined credit card inquires in my mail including one even stating "no third party applicants please apply on your own" so now I'm skeptical ESPECIALLY when I'm assured by Bernie that Seek has a "GREAT relationship" with these lenders.

@Jesse Bennett I haven't tried this yet, we use a real estate agent which gives us access to everyone on the local MLS.

Here are a few considerations:Market Trends: The local market shows signs of softening with more homes for sale/rent and lower rent prices.Future Cash Flow: With expected rent reductions, my cash flow could drop to $950/month.Alternative Investments: I haven’t found any local deals that generate positive cash flow.

The off-market properties I'm seeking out personally are almost always low end (of the local market) , 95% raw land or tear downs.

I'm sure people are still buying in every state.I imagine that's it has more to do with city and county rules, regulations and what the local attractions are.

This was sold to a local person who had no intention of building there, but just want to use the golf course and other amenities.There are many property owners who are trying to sell lots in Eagle Rock, and many who are letting their property go for tax sales.  

I'd seriously be careful and have a local engineer figure that out for you to avoid someone getting hurt. 

Look up your local laws as they will have that information.