Also, they are EXTREMELY restrictive with how I can obtain these funds, e.g., no gifts (even from wife), credit card advances, etc.  

While it may be possible that this is true, it is extremely unlikely.

I can’t stress this enough: it is extremely important for an investor to know what they are doing in their business.

ACH takes 2-3 business days to return payment failures (which also explains our risk mitigation and payment times.)While chargebacks are possible, due to the fact that this is housing, it is extremely unlikely someone would do so.

We are extremely excited yet nervous!

Prices anywhere within a reason drive of their jobs (Oakville) are extremely high.On a positive note they are both hard working, honest and good people.

Preston Dahl we did A LOT of the work on our first flip ourselves - it was fun, but EXTREMELY time consuming.

You could try it throughout, but I think people like clear distinctions  of rooms, so I wouldn't recommend it. 

(I live in Venice)In thinking of buying a house, one thing to remember is prices all over LA right now are extremely high.

I am planning to view some properties over the next few weeks with the hope of purchasing a few seller financed properties and I want to have as much information as I can before I make any decisions.Any help or input on any of these issues would be extremely helpful.Thanks so much.David