I know very little about flipping so I am very new to the concept.

We have assumed the name Legacy Capitalists with the concept that we are utilizing the capitalist system available in the United States to purchase, sell, and hold Real Estate as a vehicle to create a legacy of financial freedom for ourselves and those we love. 

If rents are higher for a desirable location then a struggling concept or mom and pop tenant will either shut down the location or try to renegotiate the lease rate.As a mom and pop tenant I might give a few months free rent instead of any TI ( tenant improvements ) to the tenant.

I have what i feel is a good RE background, concepts, ideas...but a lot to learn.

The key is if you and an investor bid during the same bid window and bid the same amount, the o/o always wins.Make sure you read up on strategies for bidding government foreclosures,while they are not always 100% accurate they give some important ballpark ideas and concepts to keep in mind while bidding.

I'm going to do some homework on that concept of seller financing.

Paying the $ can be simpler, but I like to check out all the options 1st, just because it's interesting what you can do when you ask other people.  

@Greg S.I understand the basic concept of inflation.

Especially is the case for mom and pop concepts that do not have FFC contracts.

Over the past few weeks, I've been reading a lot about the whole life / infinite banking concept from multiple sources including BP forums.