One of the opportunities we are evaluating at the moment has five buildings (18 units) on one ~3acre lot - financing would be a commercial mortgage covering the entire site.Other times you may wish to have a blanket or portfolio mortgage spread over several properties - though up here (Canada) they are difficult to arrange these days (I do not think any lenders are going to offer them on residential properties).The biggest advantage (IMHO) of a blanket or portfolio mortgage is that you have the equity of several properties securing the note.  

If the screening comes back with out any catches I arrange to meet with them in person to do the final interview.

At $650,000 you're going to need a sub 4% interest rate to have positive cash flow just off of your numbers.There's definitely a few outrageous owner financing arrangements out there so you need to be careful. 

If you have arranged for your property tax payments to be paid through an impound account, the supplemental tax bills will not be paid by your lender.

The SJW's have some idealized image of making Portland resemble a quaint car free, bike friendly, hamlet in Europe but it isn't going to happen.  

The manager had an arrangement with the previous owner to get a specific discount on their rent in exchange for a couple "house chores".

I understand how you pay back an investor when you flip a house. But how do you pay an investor if you want to buy and hold?

They can arrange for the kind of insurance that will best match your investment.

Or, do you have an actual Approval Letter for Your contract, and now need to arrange closing?

I was actually just making childcare arrangements for that night so that I could be there as well as my husband.