With buy and hold if I paid too much or discover higher than expected deferred maintenance I simply hold it long enough to get all my money back.

In short paying for future value in the present; bad move!

I am looking to get some cash for a rental property by wholesaling and am even willing to get contractors and so on together to present a nicely wrapped deal. 

Here are my thoughts on the relative benefits of each:Turn-Key - Some quick assumptions: You are buying a property with a tenant already in place, have a great property management company, and the property doesn't have any deferred maintenance:1.

@Luke Simonetti Not sure base on your anecdote, but relative to the 'consulting with the spouse' part... are you guys presenting to only one half of the decision making team?

It's not mandatory to be present when they come out to the property, but then you're at the mercy of whatever they decide the property is worth.

DetailsCondo purchased in November 2010 and occupied as primary residence as follows:Purchase price 143K, current value 380KOwner occupied = 3.6 years  (November 2010 - June 2014) Rented out = 4.7 years (July 2014 - March 2019)Owner occupied = 11 months  (April 2019 to present)If I occupy it for another year and then sell it.

I would also add the lender could also have you establish and sign in to "MY ACCOUNT" with the CRA to print off requested tax information present or past

I am seeing people pay 275k for dilapidated 4 families with 50k deferred maintenance renting for 625/mo/unit and LL responsible heat and water.

Having never done or presentes seller financing I am hoping someone can lay out some basic terms for me.