This would then net the seller the most (320k market value) and give her the passive income/deferred gains as well as giving me a low interest loan to work with. 

I figured I would get better responses here:I am deeply appreciative of the wealth of knowledge and experience that this community shares.

It's normal to feel uncertain, but knowledge can help reduce fear and guide you through the process.For those navigating these complexities, there are resources available that can assist with understanding your options.

The HELOC has a high interest rate as well, so I'm actually doing a cash out refi on a property to get cash out of the equity.

We're well on our way to financial independence, all thanks to BP.

From what we see, we know that it is going to take at least another $100/month but understand it could take more to get what we want so don't limit suggestions due to cost.If anyone is looking at getting Buildium, it's great software, I just don't think it works well for us. 

Seller is offering a Seller finance option as well. 

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

As a new investor to Cleveland, I had spoken to my agent as well as property management about getting my properties lead safe certified and they both agreed that it was a good idea. 

Looking ahead, have a knowledgeable mentor, investor or inspector look at some of these properties, ideally with you in person.