It will be fun, we'll have drinks and meet at a local vacation rental-this is a great way to learn more if you are interested in this type of investment.  

Depending on the property type and terms this can be justifiable but usually reserved for those with ample experience and higher risk tolerance. - Higher and Hard Deposits.

What made you interested in investing in this type of deal?

Other than the SD, what type of tenant are they? 

I'm not nervous the be honest, I'm use to the construction aspect, my idea on the rehab was to document procedures for the future project, I will not offer internet, that is clear now.Thanks again  

One advantage of seller carried mortgage or private notes is generally a reduction in income documentation.

Personally these are the types of properties I look for.

What made you interested in investing in this type of deal?

Some general themes or characteristics of super jumbo mortgage loans are: - Lower LTV's (Loan to value) depending on the strength of borrower and property type very large loans can require 30-40% down.

I would think if you documented that you contacted them, you at least have some leverage.