At a high level, he believes the lot will meet the needs of this project based on his level of familiarity with the property, but one of our first DD steps will be to have a face-to-face (social distancing, of course) with his team to discuss in more detail what we plan to do, and get a proforma of project cost. 

This in theory should increase my cash flow to the same level it would be at if I still had the 40 units all with mortgages.

Here are some high levels bullets:- my now-wife purchased a condo in April 2016.

Putting all that in perspective means that we should all buy as much as humanly possible at an appropriate risk adjusted based levels, imo. 

A lot of the books and conferences are mostly "what is a note and why invest in notes" level info.I hate to say it but the best ways to get started are:- Get coaching / mentoring from someone- Do a JV and reverse engineer what the person is doing- Buy performing notes and start learning with something easy- Buy a cheaper NPN and learn by doingIf you have a specific question myself and several others here can probably answer it.

There's just a high-level of perceived risk for regular buyers.Most people looking for owner financing are investors, and they typically won't pay top dollar for a home. 

This ruggedly goodlooking dude is correct.Sure learn all you want, but prejustifying a failure by writing it off as a learning experience is just not a very wise thing to do.Yes look at the comparables, and now you know the upper limit of the reno finishes.Then don't just reno it to that level.

What's your level of experience with investing?

Trying to see if there are opportunities in an up and coming area where prices are relatively low and has appreciation upside.The duplex I am going to look at requires some low-level rehab, but I've never done that before so I am approaching it with caution.

Decreased demand for starter homesFirst-time home-buyers will feel the effects of the mortgage rule changes the most, as they must now reach a higher level of financial health.