60-150k for ARV is a huge range for ARV.First thing I would do here is narrow the ARV down as much as you can before you spend time really digging into the seller financing piece.Next I would try to understand what the property needs for updates and what that's going to cost you.  

It would seem you're eager, but that eagerness can lead to emotional decisions about a property and you'll end up down the wrong road if you jump on the first MFH that has a gorgeous view or was just recently updated inside.  

I think this is the right place to make and keeps my goals updated, and to have feedback and  constant accountability. 

The home I put an offer on was in Lodi NJ which was a bit of a compromise for me in terms of the town I would like to be in, I would ideally like to stay away from more urban areas such as Paterson, Newark, elizabeth, etc.  

Welcome Gina Jackson staying involved in the BP forums should help keep you motivated.

Does both parties have to stay in?

Thank you for the update.

If not you could possibly offer to be a sponsor for it and have your contact info there etc.Check the tax record for each property and cross check that name with the state real estate commission to see if they are licensed.Some subdivisions do not turn over much so you have to watch for that as people want to stay a long time.

I have an old home and no one is staying there.

Read books on investing in real estate, listen to the podcasts, attend webinars and stay active on the forums while connecting with other investors in your area and pick a niche.