Though the house was built in 1940, it had great bones and mostly needed design updates to bring it back to life.

It's about 1-mile from the center of town which is nice because it's a little quieter but still close enough to walk down to all the attractions.

There are lots of amenities and local attractions.

From my desktop research looks like its quite expensive and difficult to earn an attractive CoC return.

BTW, from my experience, if you can get a mortgage, and use the $55k as a down-payment on a nice middle-class community w/ good schools house, newer, nicer, attracts stronger tenants, over 10+ years of holding you will be much better off. 

The Berry Hill area is a fairly attractive area right now.  

Which attracted interested multiple people.Lastly, I appreciated all my investors taking the time to listening to my plan and for their consideration!

But maybe times are changing and since it’s a sellers market most everywhere, if there is competition to purchase the place, and you NEED owner financing, I guess that’s a way to make your offer more attractive.

The property was attractive because current rent values are significantly under market value.

Business cards are cheap to design and print.