Quote from @Sam Epperson: let's say I come to an agreement with the seller for them to finance some of the deal. let's also pretend the seller owns it with no debt, and we agree to 5% down, 5% rate, and 10 year balloon. how are we drafting this legal document?

Are the older homes in this area safe to buy or do they break down a lot?

I have talked to a builder and a home of this size (without land purchase) can be put in place with as little as $250.000. 

Or is this some other case? 

That allows the payment to be low, manageable and easy to cash flow when you transition it into a rental.When you move out you will have more money in the bank, stronger assets, and be cash fluid in case you need to make an offer on more investment properties.

Do people not understand that’s a guaranteed 0% return for 10-15 years?

I should check here more often

The app is user-friendly and integrates with popular CRMs, making it ideal for both beginners and experienced investors.

I don't understand how you can't track them down.You could stop paying HOA dues, and that will force them to contact you.As for the PM, I would instruct them to hold off on painting until the termite issue is resolved, which includes providing you with contact information of the HOA board.

Purchase: $62K + Rehab & hold: $17K What made you interested in investing in this type of deal?