After years of bidding wars and properties going like hot-cakes over asking price, it’s easy to forget what the market COULD look like if circumstances changed and the market dove into a BUYER’S market.Let’s look at the two side by side just for some “mental push-ups.”Situation #1Seller’s Market (Where we have spent the last 5 - 10 years)Very low inventory (real estate assets available for purchase on the open market)Low cost and easy to obtainLots of buyers ready to buyTHE RESULT: BUYERS COMPETE against one another in an effort to win the deal and they drive ASSET VALUES UP in the process.Situation #2Buyer’s Market (Where I believe we could be headed)Very high inventoryHigh cost and more difficult to obtain financingVery few buyers ready to buyTHE RESULT: SELLERS COMPETE against each other in an effort to win the BUYER.

Due to personal circumstances I will not be in a position to actually "jump in" until sometime in 2026.

Are there any specific suggestions or guidelines to consider for the lease and/or screening in this circumstance?

We have to bring a sense of caution and aggressive action depending on the circumstances or nature of the emergency. 

Try to find professionals who are experienced with seller-financed home transactions—and who have experience where you live, if possible, because some relevant regulations (such as those that govern balloon payments) do vary by jurisdiction.Professionals can also help the buyer and seller decide on the particular agreement that best suits them and the circumstances of the sale.

Yes.It is dependent on your individual circumstances. 

There are other requirements for different circumstances, but those are the basics. 

@Blake HegeWell, I wouldn't use a LLC in the first place, but that sounds like a different matter if you are already set on doing it.the part about self-managing and pierciing your corporate veil is probably part of the facts and circumstances that go into determining if your actions have pierced your corporate veil. 

If your landlord does not fix the problem, under certain circumstances, the Residential Tenants’ Right to Repair Act allows you to hire a professional to make the repairs and then deduct the cost from next month’s rent.

I was more so asking which type of REI you all would suggest I look into, given my circumstances.