This is my first post on biggerpockets.com & I would like start by saying how useful all the free resources and information has been on here.

What doesn't suck is selling for a tax free gain after you have lived in it for 2 years.

Please feel free to PM me. 

I just attended their "free" Funding Tour in Seattle.

Additionally, the attorneys work doesn't really start until you have a deal lined up.Feel free to shoot me a dm to discuss further.

You can always 1031 when you sell instead once it becomes and investment property, but any time you can get tax-free profits, it's nice to take advantage of that. 

I have agreed with the owner of the property which he owns 100% free and clear to do owner finance.

You can probably search these forums and find more infomration about ways to do that and the terms that are typical- that's free.

You could probably live for free, build equity, and save more for your next purchase!

Then decide if its for you , I teach folks how open ALFs for free friends of my wife nurse and others 80% run away when they hear what it takes 10% said they'll think about it and 5% do it then out of the 5% half close them or sell them in first year.