., As a property manager those are soft issues to me compared to say, eviction.

We are looking for financing options other than the traditional sources.

He may be willing to reduce the price by RE agent costs that he would incur with a traditional sale but a bigger discount than that would basically be a gift.Someone that does not have the capital to purchase a SFR in San Diego I would think is unlikely to have the capital to supplement negative cash flow from owning the SFR. 

And, some areas of Pflugerville have a lot of competition, so make sure you compare your asking rent price to similar homes that have already rented...not only to homes that are actively competing with yours. 

I want to invest in real estate, but i dont have enough for a downpayment on a morgage.I am heavily paying off my student loans, living with roommates, contributing to a 401k, work full time, but i dont have enough cash on hand to get traditional financing.Im thinking that moving into a seller financed house is my best option to get started with REI.

Typical is 35% down or more.Now with retail centers multiple tenants are underwritten differently and you can generally land 25% down unless cap rate is really low compared to interest rate and then it might be 30 or 35% down to get a loan.Abdul,I post when I can in between deals.

Much like traditional wholesaling, I should market the contract itself.

Much like traditional wholesaling, I should market the contract itself.

Discuss their level of success and compare it to the best you can expect from the low cost areas (i.e. mostly Midwest areas).Good luck

You'll need to also define  your monthly revenue and expenses for each to truly compare them.