Also, you are young but if you look at historical interest rates, they are very low.

At this point I can tap bank loans for much more favorable terms so I should probably hold off on any seller-financing deals until that no longer becomes an option.Overall, the deal seems lose/lose.  12.5% locked in for that long does seem like a low ROI for the seller (especially considering interest rates will likely rise significantly in that time), yet still too high for me for cash flow purposes.

So let me decipher this, if i understand this, you have someone that wants to be an onsite manager but in return he wants some income, low rent on his apartment along with utilities and cable included ?

Hi everyone,I am brand new to the investing world and am extremely eager to get started!

I'm extremely grateful for the warm welcome, encouragement, and wisdom shared!

Curious how you would advise someone who has a low valued SF rental home, free and clear, to be able to pull cash out.

@Ryan ConklinBe very careful buying low end property from a distance.

It's okay if inventory is low - you're learning to look at deals through a lens others don't have.

But a low interest rate is, of course, important to keeping cashflow-positive, especially around here where purchase prices are high.

Simply because I feel my people and negotiating skills could easily be transformed and work to an extreme advantage in this field of the real estate market!