I agree with what everyone else has said, those figures seem extremely high.

For example, in market I see single homes valued 100-150K, taxes 1-4K, rents 1800-2200.Hi Shamar, I completely agree—these are strategies I’ve been researching and considering as well.

Agreed with @Andy Sabisch. 

I agree with the original poster. 

Let's say $300k, you then agree to the purchase price but add your own terms (ex. 0% interest, 5% down, 16 years to pay back).This way, you're paying (example) $1,800/month but renting the property for $2,400/month and pocketing the difference.Anyone have success doing such a thing?

@Chris Kay Lots of good comments already and I agree with @Gregory Schwartz and @Alecia Loveless.

The owner has agreed to give up this access if he can secure alternative access but has been running into issues with the City of Redding.

I agree we need to work w/ a CPA for their 2025 income taxes, and will be looking for a recommendation soon. 

I couldn't agree more Mackaylee.I'm defiantly going to have to do my due diligence to protect myself legally.

@Zach Denny - I agree - chances are the institutional lender won't be comfortable with an owner-financed 2nd and 100% combined loan to value.