This was a perfect set up as it had a walk out basement/separate unit with 2 beds/1 bath and a kitchenette.

If they spring something on you at the closing table, run, don't walk, away.

EB is great source of renters with solid incomes and I have found that our EB renters seem to prefer our listings in Groton being closer to EB and in some cases walking distance.

Keep walking.

The house closes when there's a walk thru and its confirmed that you're OUT!

Find out if there are any judgments or liens on the property.WALK-THROUGH AND/OR GET PICTURES: If you are looking at a potential deal, you need to have pictures or walk-through the property.

I think more people do not understand the risk of seller financing. all the people I see applying for seller financing could not get a visa card there credit is so bad and there savings is from the pennies they find walking down the street. 

The property is in a highly desirable area just outside Boston in walking distance to rapid transit.

On the rehab I would maybe pay a GC to walk a few properties with you so you can learn and understand the costs.

After going this route, and further analyzing the property that I was looking at, with the higher interest rate, HOA fees, non-investor-friendly co-op rental policies, I walked away.