Then we can go to the second step.

@Randall Prosise I second Kevin's recommendation of higher liability limits.If you have a fire in the building, and 4 units sue you, you have $75,000 limit for each tenant. 

This is actually my second introduction on the platform and simultaneously an honesty post:I first became fascinated with real estate investing last year as a sophomore after hearing about the "wonders" of wholesaling from both an old friend a couple of internet gurus...and fell for it. 

Wait a second!!!

Do you mind sharing what you did for financing for the first and second property?

Secondly, have a General Contractor walk the property with you to give you an estimate.  

When I lived in Detroit, no one was taking a second at what we had to offer.

It really puts my mind at ease having a second set of eyes confirm what I think I'm seeing!

Derek Dombeck brings up a very good point and I’ll second that educating them on the process of the plan you want to use is the most important part of the deal when trying to convince a seller to use seller financing.

My focus is buy and hold with cash flow being the priority, and a mix of cash flow with appreciation being a close second depending on market.