I can’t speak as much to OK or AK, but Columbus is one of the few metropolitan areas in the post-Covid US whose downtown life has fully bounced back.  

@Jennifer FernézThis is one of the hardest parts of the business.

Timely payments are one of the largest factors in a credit score and if he hasn't had late payments since then, his score would continuously improve.

These are typically one-offs and depository institutions are in the best position to offer them.

I did find a gutted house for $27k I think I can use this for a house hack and off load some of my maintenance expense for one of my Subcontractors who wants to come to Georgia to retire.

For you, it will likely be business income / ordinary income(non portfolio) where it will be deemed active / passive depending on your level of participation.There are some court cases out there where people who originate 4 or more loans in a year are moreso deemed in the trade or business of lending money.It will depend on the original poster's taxaccountant to determine how he/she will treat the income.The one con of it being business income is that it may be subject to self-employment taxes.

I don't yet have much experience obtaining seller financing, but I would think that emphasizing the tax benefits is a big one.  

One last thought applies to a scenario where there is a lot of equity in the existing home even if the developable parcel is excluded.

Hi everyone,We're about to begin the rehab work in one of the properties we purchased in Old North Milwaukee.

You will never see 2.1% again in your life so before you move you should do all of the renovations with the equity so it's fully updated when you decide to leave so it actually becomes a strong cash flow property and not one you leave with stuff to do and it all comes up at once.