As someone who lives in Tacoma (10+ yrs) I can assure you won't be living in a "rough" neighborhood with a budget of $600k or $3k/mo for rent. 

Correction to my initial post:  I mis-quoted the years in the initial post by stating it was a 7 yrs old tax deed, instead it is in fact 20 yrs! 

It can be a lease that is fully paid for a period of time (30 yrs, for example), or leased and paid monthly.If it's leased, the solar company is responsible for any repairs/maintenance. 

Although this is my first wholesale deal, i'm a licensed real estate and mortgage broker for the past 23 yrs.

I supported my ex when starting his company 33 yrs ago & we also owned several rentals back in Seattle Wa .  

He and his wife self manage with one handyman employee.His take, after 17 years of owning properties, he is 40 yrs old and his equity is worth north of $10mm in the properties.  

@KaTrina Jones ok...that helps a little...sounds fairly straightforward as a seller carried loan...if you are good on the purchase price and confident on your exit strategy and future value of the property I would structure the up front differently...no points,,,just offer a down payment 10% maybe (or less if you can)...you want the longest amortization schedule possible...30-yrs at least...and 12% interest is absolutely crazy...you need to be below 7%. 

My family has used travelers forever (20+ yrs).

Due to the daughter only being 2 yrs old I can still see any dog knocked her over could cause harm so there is for sure concern.

Closed 3 yrs ago at 153.