The NWMLS PSA used here in WA has a standard Method of Payment Addendum that will address the details of a wrap or regular seller carry.  

I'm hoping to learn all I can from BiggerPockets and hopefully get some social networking in to find other people who have found this method of investing successful.

I have been doing a lot of research on all the different methods in real estate.

I think the BRRR method is an excellent way to get a great deal and keep a cashflowing property.Question 2- For your first property (or couple properties) I would suggest staying away from 5+ units.

What are your methods in doing so?  

For example, mixing in flips, focus on the BRRRR method, targeting larger buildings, etc.Similarly, what would you deem the next step forward for someone who has focused solely on buy and hold single families? 

The family has built out a big part of the Fox Valley market over the last 30-40 years with numerous large scale sub divisions, retail/commercial, land spec.

I love the BRRRR method and it works well.  

Based on my last 2 years doing wholesale to build cash to buy rentals it is not my preferred method and I don't recommend it if you don't need it to build cash in Houston without putting in tons of work and hours.  

Hello BP,I am starting to analyze numerous amounts of deals in my spare time to get the feel for it.