But I have a nice new place and there is a certain appeal to it.

The 8-unit i bought in Canton came on my radar and the price to rent ratio made it very appealing.

You definitely have some risk since it’s such a unique building that would only appeal to a small subset of tenants.

The investor will offer the following:Cash transaction;A quick sale closing with no inspection; andYou can leave behind any items you don’t want.The problems begin when the homeowner is elderly, alone, and doesn’t know the true market value of their property:They may have purchased their property over 20 years ago for $50,000, $100,000, or maybe $200,000.That same property now could have a market value of $300,000, $400,000 or even $500,000.The idea that they purchased the property 20 years ago for $120,000 and are now being offered $220,000 sounds appealing to these homeowners – their mortgage might be paid off and they will make $100,000 – sounds good right?

Prices were still depressed even though house had great curb appeal.   

And what seems appealing to an investor might not be to another one; if you are all about stable NOI, you will prefer a stabilized property.

It's pretty close to BYU, and has a little more square feet and rooms than most of the other homes in the neighborhood but is in a quiet family-type neighborhood that I think would be appealing to a young family hopefully.

The investor will offer the following:Cash transaction;A quick sale closing with no inspection; andYou can leave behind any items you don’t want.The problems begin when the homeowner is elderly, alone, and doesn’t know the true market value of their property:They may have purchased their property over 20 years ago for $50,000, $100,000, or maybe $200,000.That same property now could have a market value of $300,000, $400,000 or even $500,000.The idea that they purchased the property 20 years ago for $120,000 and are now being offered $220,000 sounds appealing to these homeowners – their mortgage might be paid off and they will make $100,000 – sounds good right?

@Chris Eidson it takes a good deal of local experience to answer this question, but I will try to from a Milwaukee perspective.When I evaluate a street I pay attention to the following:- curb appeal of the homes; does the street feel "homy", would someone want to live here?

As the owner, all the equity is yours, but you'd absolutely need to offer terms (interest rate, duration, etc.) that are sufficiently appealing to make your money partner want to do the deal with you rather than someone else.Two big advantages of private lender financing are speed and negotiable finance terms.