I also have learned that the background check services don't pick up all evictions or eviction filings, and I use the county courts online records to help round out the picture, they seem to appear within 24h here.  

It would appear you are looking to buy some Seller Carry back notes.

I don't see any books specific to the topic at my local library.He wants us to have the building, we want the building & the price appears make the deal a bit of a no brainer.How do interest rates usually work with regard to current market rates? 

Upon inspection the tenant still had table, chairs, random junk, tons of clothes, and garbage strung out across the unit, not to mention a broken window and holes in walls where it appears a body was slammed against. 

Thanks @Eamonn McElroy - Tony Nitti's articles and podcast appearances are what got me interested in this subject in the first place!

It appears that Evolve underprices their listings to get you fully booked.

It does not appear that you are not violating SEC Syndication rules, as you are asking them if they considered private lending.

Finance your house, car, boat, motor home, carpet, furniture, jewelry, HeckI even saw an ad to finance a safe!

This is true especially if the owner occupied unit is able to be rented down the road at a profit which appears to be the case in the situation that you described.  

On this particular subject property  - it appears that everything is brand new which is one of the reasons I didn't add more for the Cap x - but I understand the importance of building it into numbers.