Seller financing allows both sides to negotiate whatever deal that works best for both parties. 

Since you are in an expensive market, commissions will also be high so you should be able to cover all of your expenses with just 1 deal basically, maybe 2. 

That’s a great move—starting early with analyzing deals will put you in a strong position when you're ready to buy.Since you're open to other markets in the Southeast, I’d definitely recommend taking a look at Chattanooga.

How did you find this deal and how did you negotiate it?

Congratulations on the deal @Devan S.!

And sorry that you are dealing with a vacant property for such a long time.

Are you looking to source deals or for passive investment opportunities?

cost of doing the deal. 

We model deals for IRR and MOIC and like to see 17-25% IRR and a 2x multiple over 5 years. 

As part of the deal, they are paying me to take some of the backyard.