That's a fair point that most people wouldn't be doing checks into my financial standing if they want to find a reason to go to court.I definitely have been enticed towards those lower cost units but am trying to find a sweet spot of safe, up and coming neighborhoods where the costs are still reasonable.

Let’s connect soon, thank you for being super sweet 😃

All this gets wrapped into their mortgage so the typical large initial investment is eliminated and they get a sweet tax credit. 

Sweet!

The house, if done right, would probably come in around 125 to 135k which is right in my sweet spot for properties - although I don't typically consider houses that need so much rehab.

Sweet

-What if (heaven forbid) my awesome sweet neighbor passes away before the note is completely paid off?

I agree that was a short and sweet break down.Kenneth, this is the reason why individuals that use their own cash can offer up to 80% ARV, and still make 10%-12% profit per flip.

Id look into using it as a down payment on a really sweet deal.

No room for buyers remorse now - work on decreasing costs and increasing rents and make this puppy work.