Yes you’re missing that a LL is not required to joint the S8 program therefore cannot legally take S8 payments without getting the property inspected approved and qualified by a S8 inspection. 

. $25K may not be enough for both down payment, closing cost, and repairs (if it is, great!). 

Good morning BP, Looking for different examples and advice as to how property managers handle the payments of taxes/insurance/utilities for property owners?

Terms of financing are:Purchase Price: $31,500 Down Payment: $1,575 Monthly Interest Only payments of $149.63 for 36 months Balloon of $29,925 due in 3 years(Side note: is a good deal for a buyer? 

At least, if she can't afford the taxes in bulk, she could try to get a mortgage to spread those payments over time.

So I don't lease my own units but I keep track of tenant payments, balances due, repairs, ect. 

They proposed the following with seller financing:Purchase price of $165K$25K down paymentLoan at 7%, amortized over 30 yearsMonthly payment of $875 (actual payment amortized with these #'s would be around $935)Balloon payment for balance in 5-7 years.My question to the BP community is what do you think of these numbers?

I am a student in university, fairly new to REI and busy learning about my local market where I plan to invest.I am in the process of saving for loan down payment since I aim to first acquire a rental or more ideally do a house-hack when I am able to qualify for a loan (I have not researched private lending yet - any tips would be welcomed for financing options).I have a semester break coming up in which I hope to go out and get a feel for the Cape Town market - open to anything.

If someone were to loan you money on your note, I would expect that they'd want at least 12% interest from you and regular payments.

I plan on building a relationship with the seller to get more information on the deal such as a list of all the properties, current rent, rent history, status/quality of each home, cap rate etc.My issue is I don't have anywhere near the 20% to 25% down payment, even if I were to negotiate the price down by $1.5 mil.