Probably not.Of course, this would be different if you were looking for finishing money and the broker offered you something that made sense with an expectation to make it back after the sale.

Do you have budget for some minor cosmetic improvement on the property to "make sense of" the rent increase?

Make sense?

@AndrewKerr Great strategy and makes perfect sense!

Does investing out of state makes sense, (with property manager etc).

Good Point, I had the same thought,  however given that the appreciation of the SJC market is >8% YoY, more job growth projected and the fact the renter is pay principal down... it might make sense to hold.

If the number's make sense based on the rental calculator you should move forward. 

Makes sense, but not sure what type of contract to propose to the seller since a land contract doesn’t seem like it will allow me to accomplish what I want to with my refinance.  

The challenge is getting a HUD house at a purchase price that makes sense.

@Frank Adams So basically I need to provide why im looking into seller finance and advise how they will benefit from the option in order for the terms im asking for to make sense.