The issue I am not a fan of seller financing is the following:11.

-Lastly, any areas I should avoid that have had flooding issues in the past? 

If you're familiar with land lording in the "nicer suburbs" pretty much the same tenant/landlord laws apply.

If you have any idea, please let me know.thanks It sounds like you are in a difficult situation with your tenant.Regarding the issue with the shower, if multiple plumbers have inspected it and confirmed that it is okay to use, then it may not be necessary to spend the $4000 to repair it.

Here are 3 law firms you could reach out toohttps://www.usfn.org/search/newsearch.aspSearch Massachusetts

Only issue with this is that if owner needs money, you'll likely have to come up with the difference between the loan balance and the value of the home as a down payment. 

. - so I guess I need to estimate what those would be - he is in his 70s and has uncles and aunts that lived until late 90s and one until 102 when no one did) and a comfortable retirement (he is extremely frugal so that's not an issue).

I wonder what the rationale was behind enacting this law.

Virginia just passed a law where if you do this more than once a year, you must also be licensed.

They will place them with minimal screening and they cause lots of maintenance issues and do not pay rent in time.