Most of the time the seller was either going to pay off high interest debt - like 19% credit cards, or invest in a greater investment opportunity.So, considering all of this, why do owner financing deals get made?

This sounds like a legal scam to scare you out of your money.

Instead of dropping their fees and losing money on the loans, lenders simply won't issue loans at those low prices 

@Leo CuomoRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

I am not financially capable of continuing to throw money into this home and I don't know how I can somehow make this property beneficial.

That said, should we put our real estate investment in my name or hers?

The property we have is an investment property we would like to leverage to buy another one that’s 153kThanks for your reply! 

He has invested a lot in Detroit. 

Like to Meet up people here in raleigh and learn more about real estate investing. 

I currently live in Southern California but am looking to dip my toes into real estate investing via purchasing a rental investment property in Kansas City (I have roots there, visit fairly often, have real estate connections there, etc.).