The point of screening an applicant is to determine the level of risk to your property, your income, and others.

Foundation/structural engineer determined a water downspout on one side of the house caused the soil erosion. 

What is the purchase process like.

Thank you to everyone that responded and helped me determine that this is not the way I want to go. 

Purchase price: $42,000 Cash invested: $56,000 Single Family BRRR What made you interested in investing in this type of deal?

Purchase Price:Total: $1,985,000.Deposit: $10,000 (First Deposit) within 3 days, additional $30,000 (Second Deposit) within 30 days.Seller Financing: $297,750 (15%), 5-year term, 20-year amortization, 6% interest.Balance: $1,647,250 to be paid at closing.

If not, you may be better off selling and purchasing something else. 

Hello so I am currently working on a deal for purchasing a commercial/residential property and the seller is willing to do a seller financing agreement with good terms.

Google IRR or NPV calculatorWhat are you trying to determine (I assume npv) but on what type of asset ?

The process of purchasing a property takes a little time, but typically less than 60 days.