But until it was recorded as a lien -- capable of being foreclosed and affecting other interests in the subject property -- it may not have become a title issue. 

I completely agree and have conveyed this to the seller and he didn’t tell me to kick rocks so there maybe some negotiation capability. 2.

If you are not capable of staying on top of it all, in a few years that can balloon to over 100k in losses.

The parties experience, strengths and availability are critical to ensuring  the partners duties and responsibilities are compatible and capabilities are sufficient to execute on the business.

Then I own in a semi-franchise model,  basically own the trucks and buy routes and employ drivers to fulfill the logistics; you can contract with fedex, amazon, any shipping carrier, and get a ton of business quick.

He had tied up a property North of Kelowna BC ( which is where i had my house) and want to ship it in and put it back together and then rent it out.

While I don't know your personal capabilities or background, the objective should not be to merely purchase real estate, it should be to execute on an opportunity where you do right by your capital providers. 

IF you know how to save a sinking ship!

Run a tight ship.

The individual owner of a seller financed mortgage enjoys a notable advantage over a traditional financial institutions, direct one on one negotiation capability with the borrower. its an advantage for negotiating new terms, adjusting interest rates, and addressing unforeseen issues.We have heard that this is a way for the owner to avoid "Capital gains"?