Are you thinking of putting sparkly hearts on the document to demonstrate your creativity, is your pain point the down payment and you're trying to navigate that with seller financing, is the issue that the in-place tenants aren't paying rent? 

Those deals are hard to find in my market.You can make a lot of money by consistently making base hit type deals.

Also besides residential there is commercial and industrial lands and a host of zoning issues.Each aspect and real estate type has maybe similar, but largely different skill set requirements. 

It is also a rather large county that could take some time to get across so the location you want to target could effect what type of property manager you will want. 

3)  Who would be the best lender/entity to approach for this type of financing?  

This type of financing requires the projected income of the property, determined by a local expert, to sufficiently cover the monthly mortgage debt.

It depends.It depends on the market, the market cycle of that market, how you find the deal, the type of debt you can put on the asset.If you're buying without a syndication, I never look at IRR, especially if my intention is to hold and refi. 

I replied in the other thread as well but you need to check what type of provisions you have on your policy to make sure you have the coverage you think you have.Was there any discussion of the condition of the roof when you purchased the home/insurance in October?

If you're uncomfortable with documents, get a business lawyer to write them for you.

Purchase price: $100,000 Cash invested: $100,000 Bought this house and got 2 more free What made you interested in investing in this type of deal?