But you, on the other hand, don't own all the units and can't control the screening of the other tenants. 

If you are handy and hands on you are ready for some license more rewarding. 

I want to invest in real estate, but i dont have enough for a downpayment on a morgage.I am heavily paying off my student loans, living with roommates, contributing to a 401k, work full time, but i dont have enough cash on hand to get traditional financing.Im thinking that moving into a seller financed house is my best option to get started with REI.

Normally I just send out a hand written note saying "Hi my name is Patrick Daniel.

I understand that there are many variables that come into play and dependent on the specific property at hand and a one size fits all approach isn't what I'm getting at.

I suppose if you do not trust a diaper you could put two diapers on your baby.Not mush first hand evidence put forward to support the need but it should boil down to the individual investor.

If they won with a bid for $600K, for example, when it comes time to pay, do they just hand over the cashier's check for $400K and the court order/levy documents as payment?

What is a fair profit share with a private investor who will be hands off?

I am eager to try my hand here to invest for my families future.

The more I do that, the more I understand first hand how each component interplays with the next.My plan is to take a trip out to Indy to tour some of the areas first hand later this year.