I’m wanting learn more about apartment investing and leveling up my life in general.

Specifically, if you’re looking at seller financing, assuming buy and hold investing, comparing the 2 offers below 1.Seller Finance: $250K, 5% down, 30yr @ 2.5% = $11,261 yearly debt service2.Seller Finance: $184K, 5% down, 30yr @ 5% = $11,260 yearly debt service Over the life of the loan, the total cost is the same, the only difference would be the ratio of interest to principal in the total payment.

You can fix most problems with a little time, but if don’t have enough cash to float you by for a little while things get a little stressful and quality of life goes downhill real fast.

Oh, that last one is called "air conditioning" which nobody saw coming back in the 30's and 40's.

@Justin Michael JohnsonI have been in several partnerships with life-long friends.

Last week I closed on a two family house that I purchased directly from the owner, she gave me a good deal with the condition that she would stay in the first floor apartment and pay a reduce rent.  

Life does not work that way.

RH: The intent is to hold the property long term (Life of Mortgage which is anticipated to be 15-20 years for this deal) in a partnership with specific buy out clauses.Enviro or Construction Costs First?

In Ogden in particular, condition plays a large factor and it's difficult to get a feel for these properties unless you can see them physically.Also, there's a local Real Estate Investors Association that's a great way to network offline (nureia.org) (Disclosure: I'm on the board).Good luck and let us know if we can help!

It's your life......................Good luck!