Hi Rena, gr8 way and good entering point to resolving financial issues. 

How long has she been a tenant? 

Savan cool well it is good to start and when it is the first deal it is wiser to be cautious and not over extend one self on the payment and rehab costs.

I am sure the answer is "it depends" hence the term "creative financing" but was hoping people might offer a few examples to help me think more about how i might approach deals where the seller is motivated and the property as been listed for a long time. 

Long vacancies (6 months+), ridiculous turn times and costs, surprise add-on fees, several days to answer questions, and then responses incomplete.   

Talk to the current owner to see how long the leases have been in place and the look up local laws to see what happens when the original lease ends (typically 1 year) and what happens if no end date is stated.

Can the lender still file the lien after-the-fact as long as the promissory note clearly indicated that the intent was for the subject property to be collateral?

Good day BP community.My wife and I are looking to invest in North Carolina.

Vertical fences have been around for a very long time.

Discuss COC return, run a financial analysis for him and a performance chart showing the ROR after multiple properties have been acquired and cashed-out... good luck.