Just an interesting thought experiment that popped into my head and I would love to hear everyone's thoughts!

I am not an attorney either, but have experience here.

Happy to answer more questions about our experience if you have them!

Any advice is greatly appreciated, below are a few of the questions I am kicking around curious if anyone with experience can weight in:1.

And how has that changed with your experience level?

@cWill Gaston has alot of college rentals he may have some experience.

From my experience I would avoid it as a seller unless I was getting a large down payment, a larger purchase price, or a higher than market interest rate. 

I've done it, and so I believe I can say something useful about it.You mention in your profile that you have 20 years of experience as a contractor.

I have previous entrepreneurial experience.

You don't need to know everything to get started; you need a foundation to build on and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.