Being a semi-fresh investor, I am eager to hear the responses......ESPECIALLY after having seen so many posts lately about folks who have done Seller Financing INCORRECTLY and not used RMLO's, had them properly recorded, etc...I'd love to hear how you progress through the deal, and your thoughts on the outcome once you've completed it.

Maybe they will accept a tiny percent of the job until they get started, then you can make progress payments as milestone are completed.

I've been in the biz as a general, manufactured home contractor, dealer, real estate broker and developer and have found that not only bigger homes but resident owned communities as well.That stated I own several in lease/rent park communities as well albeit they're in the path of progress, i.e. coastal beach areas, mountain, lake, river communities, etc.

On a side note, you should look at the Boulder area specifically, because you have a huge pool of ready tenants and all parts of the city are much more open to progressive (especially environmentally conscious) ideas.

I work full time in the military and likelihood of me being able to be there for every decision and keep a constant eye on progress is slim.

@Nazz Wang How's the deal progressing?  

Very glad to have found the BP community - hopefully I will have some updates as things progress!

Do you soft-market your rehabs while in progress?  

Keep us updated on your progress.

Learn to do your own inspections... watch the progress and don't focus so much on what goes right but instead on what goes wrong... what were the warning signs, what are the gotchyas, what are the WHOOPSes.