And I live in ORegon.... so could not e doing business any farther from home Jay,Man, that's great you're down in my neck of the woods.  

A bank would probably be happy financing 75-80% of this deal with the seller picking up the rest, although they say that they want to make sure you have skin in the game, they want to be in 1st mortgage position and make sure they don't have their neck's out too far.I would first run your numbers and see if it even makes sense to pursue prior to asking about owner financing or carry back.  

@Hattie Dizmond   maybe part of the due diligence process in your neck of the woods is to have a geo tech do a soils report for you so you are aware if you have bad dirt.. or dirty dirt as an ole timmer in Yazoo MS told me... when one of the homes I foreclosed on would broke in half.If you have bad soil you put that into your offer as you know somewhere down the line your going to be putting peirs in...

Do we leverage up to our necks to get some money working for us?

That being said, there have already been some happenings with these tenants that have made the hair stand up on the back of my neck.

They say the best thing for an investor is to have contact with someone who knows what they're talking about in the field and to get free estimates on that type of work to ensure that they know what they're getting into before they stick their neck out.

As an aside, I do own a SFR in your neck of the woods (Gresham) and feel that market rent is probably around $900-$1k for my house but I'm fortunate enough to get around $1600 due to a nice lease-option I have setup.

Another is that the amount of due diligence is reduced, since wholesalers tend to do a bit more research since its their neck on the line, thus allowing you to do more deals in the same amount of time.

I have NEVER felt right being someone else's employee, and that's not because I am lazy - I am a hard worker, I just always felt I was meant to be an entrepreneur.So finding this is like I've found the key to this lock around my neck called "The Grind".

How is the market in your neck of the woods?