Honestly, owner financing is not something I am not an expert in, so I really can't comment on your strategy, however, I think this is going to be more difficult than you think.As for your REI strategy, I would really take a step back and rethink it.

I have been trying to upload a picture but the process seems stuck and I will keep trying.I am currently an online entrepreneur (inspirational spoken-word CDs) and a certified massage therapist who is preparing to get more involved in the real estate business.  

For those time/deadline restriction matter, shall Management office send out certified/return receipt required mail or just normal one?

So, while I have this mentor, and while we are building rapport and trust, as the stakes get higher, my desire to touch base with other experts skyrockets.  

The more agents a company has the more fixed revenues those companies earn on fees they charge the agent to affiliate.There are some really great real estate sales experts out there but they are the not the norm.  

Realtors with continuing education for Realtors, that means mandatory classes, for that you have to have certified instructors, course materials, schools and support which just leads to another industry niche and fees and charges to feed the beast.

As tax expert, @Steven Hamilton II should be able to explain this clearly. 

I wanted to run this by some of the experts to see if my calculations are in deed conservative or if I just haven't found an acceptable property. 

At least try to find an expert who knows the local market there. 

Here you will meet wholesalers who provide deals and all the cash buyers (rehabbers) you will need.To find out about an area go to IREM.org search for ARM certified property managers.