You can also do them for property use, i.e. a church selling land but requiring it not be used for gambling, a liquor store, etc.

You can be too risk-averse but you also don't want to gamble.

.: I don't want to gamble (and wait) on appreciation, all while paying taxes and condo fees out the ***. 4-6% just won't cut it for me.

To be perfectly honest, I expected the seller to prefer the all-cash offer, but I am thrilled she is accepting the following offer:Purchase price:  $40,000Down payment:  $2,000Seller Financing:  $38,000 first-lien mortgage fully amortizing over 15 years at a 5.0% fixed interest rate, resulting in monthly payments of $300.50The questions I have are as follows:-The purchase contract I am working on notes in the "Method of Payment" that there will be $2k down and a $38k mortgage to be held by seller.  

Appreciation is a gamble whereas cash flow helps with later financing (improving your income numbers) and is more of a guarantee even if there's really no such thing.

@Brian PowellI do not know why you would take such a gamble. 

I love real estate it is very thrilling and in love the whole investment industry.

Keep up the great work, and I'm thrilled to have found this website and podcasts.

Buying thinking that the next recession won’t affect real estate is just gambling in my opinion.

Most are so thrilled to be moving in that they will deal with the lack for awhile and the installation disruption cheerfully.