-How long is the hold period, what would the seller/you be putting in with cash if any-What is the % of equity gained -Can any party get out early-What the risks, and who has rights to the deal

At zero cash flow I would ask myself the benefit of holding it.  

I understand Craigslist is one of them, but could you specify what terms or categories you search for to find these opportunities?

.- Contract Details and Terms: Carefully review the sales contract, including all terms and conditions.

I haven't set specific targets beyond this initial goal, but I may aim to increase my passive income to $5,000 or $10,000 per month in the future.Current PropertiesI currently have two properties:The Loft:This property is rented out long-term and generates around $300 per month in passive income after HOA and management fees.The loft has approximately $100,000 in equity.The House:This is a brand-new build (2024) that I'm currently occupying through house hacking.I invested $70,000 in the property, which means I have $70,000 in equity.My plan is to convert this property into an Airbnb or long-term rental within the next two years.Short-term rental comps suggest I can earn around $3,500-$4,000 per month, while long-term rental comps indicate I can earn around $3,000-$3,300 per month.Seeking AdviceGiven my upcoming financial situation, I'm seeking advice on the best course of action.

(Presumably, the answer is 'yes', otherwise why hold the deposit in escrow?)

The offer I received is a 9% interest rate on a 5-year term, resulting in a monthly payment of $726.

Negotiations were handled efficiently, securing the property for $80,000 with favorable terms.

Quote from @Laura Au: Hello BP Community,I am first time flipper looking to identify an out of state market to do my first flip to generate cash for investment business rather than the buy n hold strategy.

Efficient negotiations secured the property for $93,000 on favorable terms.