That way they are more invested to continue to make payments. 100% seller financing can be risky if the market changes and your upside down on it, and the owners stop paying. 

The “process” is the same as opposed to how the marketing is different in each state depending on whether it is a judicial process (court filings with a judge) or non judicial ( Lender simply posting in a legal newspaper)Yes,a short sale can be done by a homeowner without a foreclosure date if they are being relocated by their Company more than 50 miles but in this group we are real estate investors and it is hard to target a “list” of those home owners who may have received a job promotion AND think their home is worth less than the total debt.

Hi AshekI am not an expert in the SE Florida market, but I am very up on the Gulf Coast markets. 

A lot of my out of state clients love this market because there's still tons of opportunity for finding BRRRRs and flips.

Now as a Banker I understand you will have a shorter pay off but you also have to take into consideration market declines.If the market declines in any way or if your area suddenly gets hit with a higher than normal foreclosure/short sale values can drop.

Although we don't specialize in buy/flip/sell, we do manage over 1K rentals here in the Central Indy market. 

Have you tested the market yet with this set up? 

We are planning a move to be closer to family and are looking at whether to rent or buy given the current market.

4. is turning it into a rental property sensible given that it's been on the market for 4 months now with little action?

Have any new-ish investors had success with a BRRRR within an hour of Philly (from Allentown to Wilmington) ?