Then you boogie to find a buyer and its their EMD that goes into escrow to secure the deal. 

Also you want to stay in the state with zero income tax.. 

So he pays tax, seller finance does not eliminate taxes it just defers them.

At 7.5% your monthly payment is around $1,400 not including taxes or insurance.

Speak with a tax professional. 

Tax Considerations: What taxes should I be aware of for property management services, even if the properties are mine?

In order to defer all tax in a 1031 you must purchase at least as much real estate as you sold. 

It's hard to secure funding for these small deals. 

4th lowest property taxes, no state income tax, landlord friendly, close to Utah, tech and manufacturing job growth.

When I self-managed C Class properties, I would put the requirements for tenancy in the rental listing (3x rent in income, 1-month security deposit, criminal check, etc.), and then when the potential tenants called in, I would speak to them for a few minutes, explain the requirements, get some sort of verbal confirmation on some or all of the requirements, and then invite them to different showing times I had set up.