Daniel is right, they are very difficult to come by. 

Everyone's different with different perspectives, which makes it difficult to base someone else's goal as reasonable.

I am  having a difficult time analyzing this deal due to no available comps. 

purchasing cash and then financing after is more difficult than expected Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Just find some legal reason to not renew, tho in NJ that might be difficult.

It can be more difficult finding a bank that'll do it for non owner occupied, but make enough calls (try credit unions in the area), and you'll get one.

Thanks for the tip, yes he did say that he liked to sit down with his client for a face-to-face before getting into things, but it is difficult since I am out of town.

I'm having a difficult time finding the correct information online regarding the legality of room rentals in my area.

We know it could unlock our ability to buy a lot more properties, a lot sooner, and with greater ease, because we could completely avoid the limitations and lending criteria of banks.But we also tend to believe that Seller Financing is rare and hard to find (especially in a competitive Seller’s market), or that it’s difficult to negotiate even if you can find it.That may just be a limiting belief, however.

This isn't to say you cannot find a BRRRR in these neighborhoods but it will be much more difficult and likely require off-market deal flow.