I really wouldn't care, but when you have a homeowner losing their home because they're caught up in a contract with someone who has a clause that says the contract is subject-to finding an end buyer & gives them permission to market the property it's no different than a contract that's subject-to flipping 3 keys of coke & finding a cheaper distributer. 

@Isaac Molina IIII would be very careful withdrawing money from retirement accounts to invest in real estate. 

Yard care is possible, but  my experience is that they don’t care for it regularly.  

You really need your business to be zero-defect, efficient and high touch before you acquire as those owners will be looking carefully whether to stay or go. 

My guess is that business pays you and you then pay the principal and interest on your line of credit.LLC will cut the check to you and mark it against Interest Exp.This will look like this on your LLC's books:Debit Interest ExpenseCredit CashAs for everything, have a promissory note to make it official.

@Daniel M Gibson sticking to fundamentals and your "gut" is always the best course.Unlike 99% of the investors on this site, my take is that investing for cash flow is a bad idea...it creates a jaundiced view of how things work...meaning that investing is about controlling assets as wisely as possible...not immediate cash flow.I use seller carried loans routinely because I'm in for the long haul (and I don't need rental income to survive)...as long as the purchase price makes sense, I could care less about income...the concept is debt paydown and future equity.

(Not to say there is not a business model, even a lucrative one, that does not care who the client is but just cares if the rent will be paid.)  

. - Be careful.

Personally, I buy my rentals to hold them pretty much forever, so I care more about the buy/rent ratio than I do appreciation.  

I tried to put a new calculation with all the numbers but i can not cut and past it so it will have to be in a NEW POST.$950,000.00AFTER REPAIR VALUE$100,000.00DESIRED FLIP PROFIT$675,500.00MAX ALLOWABLE OFFER$123,000.00REPAIRS NEEDEDAccording to the data you provided, you can afford to offer $675,500.00 to make a profit of $100,000.00.