so in essence a flooring line then when they are sold he signs them over in exchange for his principal and his return.. usually 15 to 18% interest on those.. got to choose the used car dealer wisely of course.. they have been known to fudge titles and your collateral has driven off without you getting paid.I also have a client.. they happen to own a few Toyota stores in Oregon but one of their business and I think it could be one of the largest on the west coast is they buy sub prime auto debt... you know the kind were they put the chip in the car and also a little do hicky that flash's when the payment is due  and then when they are 15 days late or some amount of time the car is disabled.. so they can use the chip to find it and its disabled and they can just go and repo it.when I was in Jackson MS I asked a used car dealer there that I met at my watering hole.. how the heck do you sell cars for a 100 down 100 a month .. he said  SON  my clients are born live and die all within in about a 10 mile square area here and the key is getting their mom's name and number.. we just drive around till we find it or call mom and get the whereabouts..

Our numbers are indicating we will spend about $30,000 to $40,000 on renovations.

Also what are key indicators or economic trends you are looking for.  

Same here, I think I must be missing something, it seems I put some key words, and I get some results that have nothing to with what I'm trying to find.

Here's my situation:1) Looking in the Providence Rhode Island area, and surrounding communities (Pawtucket, East Providence, Warwick, Cranston, etc)2) I'm fairly busy with my business, so need assistance with finding properties (on or off the MLS)3) Prefer properties that are fairly turn key (again, because I'm busy) but willing to take on rehabs for the right deal.

@David Key It means residential owner financing is subject to the SAFE Act and the Dodd Frank law which impose significant regulation, expense and risk on owner financing. 

For those of you who have a handful of properties under your belt, are there any key indicators you look for when investing in a certain area, such as median income and unemployment levels, etc?

The key is lot size and opportunity to add on another room esp in pricey neighborhood at exit.680 sf is adequate so may be add a porch later.

The key is to find the Pre's as they happen and work to build the trust, face to face. 

The current owner has also offered cash for key but the tenant isn't willing to move.