Most OOS investors fail to realize that Detroit was geographically built for 2 million people, but currently has less than half that population.Some areas of the city, maybe 1/3, are coming back strong, another 1/3 is so-so and the last 1/3 is no mans land.How long you have sit on a piece of land before you can profit on it, depends on where you buy.

You're spot on, its more beneficial to get in the game than to sit on the sidelines.

When it comes to seller financing for real estate the perks I have gathered from reading and watching all of the podcasts and YouTube videos I can are:-No hit to personal or business credit-Potentially better negotiable interest and payments-Obvious acquisition of the property with name on title-Potential for good deal if sitting on the market (not a lot of that going on now, but definitely still out there to be found).Here's where I may lose a lot of people.

The potential down side is if the money sits unused, you are stuck paying the interest and cannot claim the deduction. 

I would rather let my unit sit vacant for a few months if it means getting a qualified tenant or filling it right away with an unqualified tenant.

My wife's parents currently have 100k sitting in a HELOC that is available to draw on for the next 3 years, with a 10-year repayment, at a rate of 4%.

It's a popular loan style overseas that allows all normal banking deposits/idle funds to sit on your remaining balance and thus save interest cost.

All of my buyers are "flippers" with hard money lined up or sitting on plenty of cash.

currently though we sit at 2.875% rate on the main house. 

My thought is that I could possibly discuss the situation that legally, the estate has an obligation to pay the lease according to the terms but that this doesn't sit right with me and to ask her if she could help me by signing the Release whenever they can complete going through her personal property (with no constraint imposed by me) rather than dragging the process out the full 60 days.