I think my biggest questions would be:Are the updates instant as the MLS?

@Samir Womack  For stronger offers, there are quite a few credit cards offering instant approvals these days. 

Yes, we did inform the seller's side instantly to minimize damages. 

They’ll burn all their bridges with investors and realtors in an instant. 

After the property is purchased, the buyer pays the seller monthly mortgage payments, just like you would pay a bank in a conventional financing situation.The benefits of owner financing for the seller are that you will have no headaches managing the property, nor do you pay the condo fees, taxes, home insurance instantly generating over $800 more in cash flow monthly, on top of earning a large amount in interest during the payments.

Instantly worth $20-50k more.

A lot are new transplants to the city, like yourself, and may be interested in the instant community a by the room rental provides. 

You got most of your cash out, have instant equity, great RTV and a property that will likely appreciate quite nicely.

If the person theyre piggybacking on has 10 years of perfect payment historythen the next time that account reports for the main user it will also apply the ten years of perfect history to the losers CPN instantly creating the illusion of a 10 year credit profile.P.S I know people love putting in their two cents on this or trying to argue this as if they know anything about this field outside of a couple articles they read on their laptop at home but I assure you this is 100% accurate, I've been active for 15 years in this field and am still active today.

Everywhere I read about it the consensus seems to be it's an instant no-deal.