New to real estate investing - would love a mentor to help show me the ropes.

@Tom P.Ok, maybe I’m missing something here… but you are the potential buyer and you are saying you made a seller finance offer?  

By converting a primary residence to a rental, you are potentially losing out on the capital gains deduction.

Given your interest in arbitrage, and update such as that could give you some potential security that you’d be able to operate for at least a year.

Look up your state statutes and case law on the subject to see what your liability could be potentially if you have an injured party (the seller) who presses the issue.Here in DC we are seeing many a seller lately being represented by legal aid on fraud by inducement issues with wholesalers. 

.➡️ Class D: characterized by high crime rates and a very poor neighborhood.To find investment opportunities, begin by identifying potential markets near your current location.

When you connect with these experts, you gain access to their knowledge, experience, and resources.They can provide you with valuable insights, advice, and even potential investment opportunities.Networking is about building relationships and partnerships.

Cash flowing areas, landlord friendly states, appreciation potential (I would like to say more in NKY than Cincinnati, just depends where at), etc.

Hypothetically you potentially could, if you can find a property that meets a lender's underwriting guidelines, and a lender willing to lend to someone without experience in that asset class. 

Investors looking to pay 50-70% of market value.One thing I would suggest is potentially get at least one tenant on month-to-month so you could perhaps sell it to a house hacker.