( Hopefully you are with high integrity people, but there is always a bias because they get a pay day if you buy.) 

To help in your search:be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.

The whole reason folks are looking at seller financing is to dodge the already high interest rates. 

Example: If there are too many STRs and you can't get the occupancy high enough then you could switch into MTR. 

Consider the current asked price is normal price or maybe a just a bit above the norma rent price but better quality for that area.

Jimmy,The key thing to note here is that they have high limits on their Insurance for Liability.  

The best way to add equity in your first deal is through sweat equity where you can actually do some of the renovations and you are not paying full cost for the renovation project, but this is highly dependent on the condition of the property you identify.

I have about $250k in equity in the home and my realtor believes if we list it we will probably get a bidding war in this market and since our neighborhood is highly desirable.

I live in Southern CA where cost of living is high as is real estate.

I'm at GBF, high table on your right as you walk in .