What I lack, but am striving to gain, is the financial wisdom on how to structure the deal, so that's it's a good deal for all involved.

I wanted to gain insight as to how to approach this deal with the seller financing option with little to no money of my owned invested in this deal or structuring it with my own funds being used for the down payment and set it up as to where I could cash the seller out after a certain time frame.

Josiah Collins You should be thinking of sales price and buying up from where you are selling.Capital gains has nothing to do with the mortgage...

Do I have to pay capital gains on the full profit from the seller or is the portion paid back taxed as an installment sale. 

How are you guys figuring in capital gains tax?

In other words, it's not worth risking losing a great tenant to gain $900 to $1,200 per year in your case.If your strategy is to sell, then set the rent to a price you'd be willing to continue to hold at--but maybe wait until February or March, when the spring market comes on. 

There's capital gain tax, SS tax, Medicare tax (and possibly more I don't know about.

Hi I know I post a lot on these forums but I really want to gain as much knowledge as possible.

For those of you who suffer from a certain level of analysis paralysis, you can gain reassurance that a property may or may not make money on an annual basis by taking a look at the thousands of scenarios and admitting that the thousands of scenarios your PC can run for you in the matter of minutes will be far more exhaustive than the manual what-if scenarios you try to generate yourself.

I think my first property should be near so i can gain experience as a property manager but I'm struggling with homes that are more affordable in surrounding areas (Pennsylvania, Delaware, I am a Delaware State grad, and prop taxes are almost nothing).Anyway.. there's my introduction (breathes fro the first time) :-)