Tenants don't usually think about an issue from the perspective of something damaging the house as much as whether or not it inconveniences them in some way, so I need to make sure I'm asking the right questions so my priorities are protected as well.              

People are working smarter with their money, rather than harder.My perspective... your mileage may vary.David J Dachtera

Instead, look at it from the perspective of: "Well, I need to live somewhere, and it may as well be "free" to me so that I don't have $1,000+ going into someone's pocket ever month."

What would you consider the best case scenario from the buyers perspective when putting together a deal with seller financing?

From a lending perspective, I understand the reasoning why lenders have a minimum but not all lenders have a minimum. 

Thank you for the feedback and professional perspective David!

I'd love some perspective on this.

I'm a new investor starting out fresh at 21, high credit score upper 700s, great job, and my next step in my life that Id like to achieve is generating a great amount of passive income.

The insurance company views your "micro" event from a "macro" perspective.  

Thanks for the perspective!