Between having minimal liability risk in my own personal activities, renting to only the very best tenants, having excellent independent tenant screening, long time property management relationships, adequate per property insurance coverage and tack on umbrella coverage as/if necessary, I am more than adequately covered.

We are in an excellent location but are outgrowing our townhouse.

@Maria LunaLink below is to a free excel spreadsheet template.

@Jim T. added some excellent practical pointers.

They want to tie the place up for a year and complicate the relationship so its harder to throw them out. 

Excellent rates.

For some basic education, this attorney's website is excellent, specifically this article about owner financing.

Russ, so from my experience, here are the answers to your 2 excellent questions. 1.

There is an excellent dealmakers group led by @jjgritts, well attended by wholesalers and investors. 

However, my long term strategy is to continue to buy and hold so building a relationship with a lender long term would be preferred.