My most gracious analysis would be this (and this is just me): (1) I think the owner is a very kind man - I’ve talked with him personally.

We took the depreciation on our personal tax return in 2022.

We are shooting for 3x income, but might settle for as low as 2x, if the person seems like a good candidate.

I would vet them intensely and make sure the lease is personally guaranteed. 

Haven't personally used either but they are both on my radar.

It is a bit of a gamble, but personally, I always get my own bids from people I will hire and either take a credit on price or have title issue the checks directly to those contractors to get work done as soon as I close.  

As long as the person hasn't used RAFT in the recent past then RAFT will cover up to $7,000 for first, last and security as long as they qualify.

They can help you navigate the legal complexities and ensure that your rights and interests are protected throughout the process.Remember, seller financing can be a win-win situation, but it's vital to approach it with due diligence and proper legal documentation.

James has time and time again always posted extremely helpful information on every post, he would be a great person to connect with. 

If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.