Mediocre deal + mediocre management equals exceptional indigestion, hassle and loss.   

I will not disclose my beliefs as I know that is a very touchy subject these days but needless to say our sights on the government were the same.

@Sawyer Kelly Ok new question, most people who are going with seller financing don't have $40k for down payments, so would you be accepting worse terms than if it was a bank loan, if not and the terms would be equal to or better than a bank loan has your friend done the math on just biting the tax bullet. 

This is a rural property and I know that not all roads are created equal.

And truthfully most information is just about free and can be obtained by asking Siri or by simply finishing the sentence, “Ok Google...”The danger of living in at a time with so much free information is that some people mistakenly believe that information equals education.

Here's an article on this:https://www.biggerpockets.com/member-blogs/12069/85355-higher-rent-equals-higher-returnsrightSecondly, yes...

Not all national tenants are equal ...

If your rate is about equal to inflation, that's essentially free borrowed money.

Cash flow is important, but rehab numbers and ARV is equally important.  

I would want an appraisal that equals the purchase amount.