For background, we're looking at condos/apartments, single family homes in the price range of $250-$350K.

It’s all about ‘appropriate’ use - and you reviewing the application, credit, background, etc is easily justifiable as appropriate.

If a buyer has the financial capability to handle possible temporary negative cash flow and ability to refinance in the unlikely event the note is accelerated, and the seller has the ability to do a background check on the buyer and reach an intelligent decision, then the benefits of a real property transaction without the expense, time and qualifying necessary to obtain new financing and perhaps the benefits of a lower interest rate can successfully accrue to the benefit of both parties to the transaction.If the buyer is an undercapitalized inexperienced recent “graduate” of a guru program and the seller is willing to sell to anyone, whether breathing or not, then the transaction has a high likely hood of ending in disaster.When both parties are knowledgeable and understand the risks of the transaction, nobody is “taking advantage” of anyone else.  

With my background as an electrical contractor, flipping seems like a natural choice, however, I'm also interested in BRRRR as I'd like to hold some properties and rent them out.

Quick background -- own a small business(10 years) in MN that has $0 debt. 

For background information, I'm a W-2 contract employee who makes 80k+ a year and I have been working at this job since January of this year.

For background information, I'm a W-2 contract employee who makes 80k+ a year and I have been working at this job since January of this year.

His negative reaction and aversion to wanting a neutral third party to play referee was a tip off to me to do more research and after paying $25USD for an online background check on the seller I discovered he had multiple judgements against him for business fraud even though the title to the property was clear.My personal lessons from my scammer were1.

I have a background with owning rental properties, managing STR, MTR, and LTR tenants, and flipping all in the area.

For example, touting that you've never done a capital call or given back keys on a property when in the background, you're having to negotiate with current lenders on loan modifications so that you can delay capital calls and/or giving back keys.