I have put together an outline of things to do. 1.

@Michael PlaksMichael, I'm wondering what the fixed percentage of the principle payments are the tax-free return, and what is taxed.I read this on another biggerpockets article, but haven't validated it yet: "For every $1 of principal seller receives, $.50 of it will be taxed as capital gains"I'm trying to offer a principle only seller financing offer, and want to outline the tax benefits to the seller.

In the personal property Trust my solo 401k and my partner's entity are the co beneficiaries, and the joint venture agreement outlines the responsibilities of each partner as well as all buy out or liquidation parameters. 

I believe there was a BP podcast that outlined a millennial doing exactly that with 5-6 properties, actually. 

There is also language in the agreement (at least in Nebraska) that outlines the role and responsibilities of the agent in the transaction, who specifically they represent in the transactions, the extent of their fiduciary duty etc....You won't be able to make an offer on a house through a buyers agent until you sign the agreement with some agent, whether it's the one you are using now or a different agent sometime in the future. 

When I was I went back on my dashboard .. poof gone have spent months dozens of emails, calls you name it .. they (Rob Swanson's support) put a outline cheat sheet back on the dashboard with an upsell for another $200.00 for another training...yep kind of bait and switch and then with bad support.. problem not solved...

I am always skeptical of the HMLs that don't require an appraisal.4) After the appraisal comes back you will get a document that outlines the amount to be borrower and all fees that will be relating to the loan (I would suggest to ask for an example of this document when you are searching for an HML so you will know what fees are going to show up).5) Close the loan.

.- 60+ DOM- My offers have been presented to the sellers as a written letter from me outlining my plan and who I am, prior to a formal contract.- Sellers have owned the property 10+ years.- Seller have had some attachment to the property... mostly emotional.Hope this insight helps someone.Frank

@Rory SamuelsYou should make an outline and game it out.

If you read Brandon Turner's How to manage rental properties, he outlines a lot of systems that you can implement.