For me, I do the calculations the normal way (price + estimated repairs + expenses) then compare those to what the rent rates are based on the what the owner / realtor state and do a second set of calc based on what I think the expenses would be (then take the larger of the values for the expenses) and also figure out what I think the rents would be based on various sources.Finally... find a price that gives me the right level of profits that I am looking for... working down from the sale price.

Instead of taking the normal route, I convinced him to sell it to me on contract. 

When I lease a place, I normally advertise with max rent and gradually lower it to find the sweet spot.  

OTOH, it may well turn into a wake up call to those running the health care systems that they need to get off their duffs, get procedures in place and make sure they work!

As for getting the house back, that is normally the only reason for the seller to do owner financing at all - if you don't pay, they get the house back.  

In your experience have you ever had a realtor give you a short end of the stick maybe by not being truthful about the property stats just to sell ect or normally are realtors straight forward bc they create win win situations of them selling making a commission and you buying making an investment ect? 

They I hit emails heheIf you think I wake up early, check this article out - http://www.businessinsider.com/executives-who-wake-up-early-2014-8?

One tip that I picked up here is while you are starting out and saving money for your investments, start driving / visiting areas you would like to invest in so you get a feel for prices, rents , house conditions etc, and visit and look at lots of homes and open houses so your eye get used to looking at repairs / upgrades that are normal in a particular market.

Normally, it gets nailed to the floor, but you could use liquid nails.  

That is a marketing service and is not an activity which requires a license.Now in the course of my normal We Buy Houses marketing, I often find people who really would rather LIST their property.