@William Hochstedler - good question.Memphis is the only market where we are able to offer this type of "low down" investment.The appraisals come in almost always at fair market value because there are comps.  

Seller finance deals work when one of the following situations is present1- property can’t be financed with institutional financing usually because property is vacant (commercial property) or in bad condition2- seller will only accept an above market price for the property and by offering seller financing opens the universe of potential buyers to include people who wouldn’t qualify for financing3- seller is able to obtain a “piece of the action” from a buyer rehabbing the property and hence ultimately obtain a higher price.4- the seller has an existing low interest rate mortgage and wants to “wrap” the existing mortgage into a seller financed higher rate mortgage and pocket the differential 5- property is an investment property, seller has a low basis in the property because of depreciation, and wants to spread out the taxes due.Are you thinking of trying to purchase with 100% seller financing, or are you able to /willing to offer a down payment of say 10-20% .  

The suit argued collusion in the big name brokerages and by NAR, that they were in secret agreeance to force sellers to offer such.

I foresee continued growth in these markets, presenting numerous investment opportunities for savvy investors.Should you have any inquiries regarding these markets or require assistance, I'm always available to offer guidance.

I'm working with another wholeseller to offer on all 14, and assign it to a buyer I already have who has indicated a price that would make sense, basically a 10 multiple of the annual gross rent.

Ideally, targeting properties conducive to the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) method can optimize returns, although such opportunities may require thorough market exploration.Should you require further assistance in evaluating potential investments to align with your business strategy, I am available to offer guidance.

But we would've had to offer over $2 million dollars lower than their asking price to make it work. 

Start with that, then if those don't work you can venture into the Hard money and all the other fun stuff.you can always consider bringing on a partner as well, you seem to be able to offer the time and research needed.

@Edna Ndangam PMCs in Michigan are required to have a RE broker's license.So, we are agents in addition to offering PM services, but only work with investors. 

Also, most decent STR property managers will be happy to offer projections for properties, or even realtors who do a lot of STR business as well.