It is not terribly effective to talk about deal structure until you define the underlying operating philosophy.

I realize these estimates will play into the CoCROI which is likely to have some effect on my willingness to purse a deal.

Then, rent out 2 or 3 other units to live effectively mortgage free!

I agree that communication, organization, and accountability are all key in being effective and efficient in achieving your goals.

Bigger Pockets has so many interview videos with successful wholesalers, and here are some of my favorite YouTube channels to watch on that subject: The Dominique Effect, Brent Daniels, Max Maxwell, Kris Krohn, Phil Pustejovski, Clever Investor, Wholesaling, Inc., Propelio TV, Flipping Mastery TV, and real estate attorney William Bronchick.

What do you think is more effective marketing method for getting leads in 2020, your online method or your mailers?

I have shared the obvious answer that he would take the the house back, but I can tell he is still worried about having to foreclose.What techniques or messaging do you find effective to address these type concerns and put the seller at ease when trying to close a seller financed deal?

Hopefully the law suit has some effect. 

I'd be holding it in cash right now, waiting for the effects of COVID to emerge more clearly economically.  

So at least they know the structure exist but do not count as bedrooms.My idea is to buy the property cash and renovate to then cash out but I would need the expertise of appraisers and lenders to make sure I don't get stuck and can effectively cash out.Question for Appraisers: How do you appraise these features?