I found a home in the central MD area seller is offering to finance the deal.

@Joe VilleneuveOffering rent credits is really great to sell properties fast but I have also heard there are legal complications related to that.One thing that i can think of is giving Seller concession instead of rent credit. 

Hit me up if interested  Will the sellers do owner financing?

Many use the 1% ruleOnce you've submitted an offer and the seller accepts, Talk to a Property Inspector.

Do I have to inform the seller that I intend to use the property as a rental property when submitting a purchase offer for it? 

I didn't have a ton of school loans, but did knock out $87k in credit card (checks written for seller-financed down payments) and family loan debt over about 30 months. 

From the seller, we got credited the tenant's security deposit, prorated rent for June, and last month rent (which will cover July). 

If the seller claims that he sold 1,000 framis rods, you should be able to see the purchase on a paid invoice to Framis Rods International.However, do NOT pay for sales that didn't get reported. 

-HunterOf course there are exceptions, but for the most part sellers aren't really entertaining offers from FHA buyers. 

Through my due diligence I discovered repairs needed and have agreed upon a credit from Seller in the amount of $25,000.