Jeffery, good point, we should have asked about the "tower", that might be an issue where you are with cell antenanas in a built up area, but if you're talking about a 600+ foot tower, those are rarely moved, they are abandoned if anything.

You see, I have a child support order against me for my 2yr old son.

Hard to say, econo job 25 to 30 bucks a foot, moderate 40/50, extensive with mid range amenities, maybe 50/75, upper end, 75/100 and luxury 150+.

I am just trying to make this happen but this will be my first deal and I don't want to start off on the wrong foot.

I'm speaking from a buy and hold perspective.I try not to put all my eggs in one basket, regardless of how secure the basket appears to be.Slow and Steady here - with a foot in both RE and Equities but focusing more on RE going forward.And to answer the question, No I do not wish I had invested what I have in RE in the market instead.

Her client is interested, and will be getting an FHA loan.Will lenders determine that the list price of my house, at $99.82/sq foot is too high?

But the bigger danger is something serious like child porn. 

Yes I can tell you deals are owner financed for a reason.Either they do not want to get hit with stiff taxes owed or they are passing off a property with issues.Owner financing is great especially if you get nothing down and just pay closing costs.As long as you have not signed a personal guarantee,cross collateralization of other assets,or made the loan recourse in another way you can walk away unscathed if things go bad.What you will have is time put into the deal fixing the problems and even with no money down have to ask yourself what the return will be for the time invested fixing the problems.I see many owner finance deals I would not touch with a ten foot pole.They are wanting 20 to 25% down.It's better in that case to pay 30% and drive down the price harder with bank financing.One price - all cashOne price - Bank financeOne price- owner financeOne price- Hybrid of bank and owner held secondSo what a seller will accept and what you will accept and pay vary greatly by the circumstances involved.I will say good luck in finding a bunch of smoking hot deals in seller finance.If they are that low they will go for cash real quick instead.The imputed interest provision is real.Sellers do not want to go below prevailing market loan rates as you can get penalized for doing it.There are many other ways however you can structure the deal once you have the interest rate down as low as possible to add value to your purchase.

I'm buying a property where the owner, whose the daughter and sole child of the original owner, inherited the property from her Father via will.

With a two year old child, my husband thinks this idea may add a lot of extra property management work.