So I see the benefits for both parties so I think it can really work as long as one explains it clearly and honestly.

An additional benefit of purchasing an older building is providing an option for converting the building to a Single Family.  

My husband and I can't wait to be hard money lenders once we have an overhaul in capital gains 😊 Best of luck! 

If you can gain their trust right away, it makes a huge difference in negotiating and closing the deal.

Also, the benefit to seller financing is that the terms rates etc. are all up to you and the seller.

I would love to meet with some people from Central Arkansas to gain more knowledge and wisdom!

Once you pay their entry fee of thousands, to gain all their "knowledge" and "contacts" you find out all the deals they have are horrible deals you could have found yourself on zillow and the contacts ie contractors and vendors again are just a quick list of people you could have found yourself with a quick google search. 

They won't be local to you but with Skype and scanners these days, it is more important you get an expert in real estate and someone you can call day or night with questions and who will work with you to create the best tax benefit for your individual situation.  

Real estate offers countless benefits that are practically at your finger tips.

What benefit do you get from wasting yours?