Blake Morgan - Do you want your dad to transfer you his stake of ownership of other properties in the future, after you have learned and proven your ability to manage, or would you prefer he sells everything and you inherit only cash?

I have contractors, property inspectors, and property managers tell me about the property's condition and rent-ability.

My concern is ability to manage the properties while living 80% abroad. 

In the condo boom I noticed a lot of basements being converted into condo's so I would imagine there being some ability to convert an unfinished basement into a legal apartment.

You could start advertising now so you can cover as soon as the vacancy occurs and make the ability to co-operate with showings a condition of any agreement.  

To be more successful, you simply have to work on the other elements to progress your REI pursuit.

I guess this would be considering a wrap around mortgage since I'd try to keep paying on my mortgage - though I do have the ability to cover if they were to activate that rare due on sale clause.So my questions are for anyone who has had experience in structuring seller financing deals:1) My initial thought would be to structure it to parallel my own ARM to keep her payments low for 5 years (close to what she's been doing for rent) and have a balloon payment in 2020.2) What kind of interest rates are usually charged in this situation?

I added links below on flips and rentals, as you indicated a significant level of interest in these niches.http://www.biggerpockets.com/renewsblog/2013/01/04/how-to-rent-your-house/ (house rental guide)http://www.biggerpockets.com/renewsblog/2013/02/22/buying-rental-property/ (how to buy a rental property) http://www.biggerpockets.com/renewsblog/2014/01/07/flipping-houses/ (step by step guide to flips)To be more successful, you simply have to work on the other elements to progress your REI pursuit.

Concealed is the way to go and keeps the element of surprise.

To be more successful, you simply have to work on the other elements to progress your REI pursuit.