I think it's a great idea and you should follow your intuition on this- those added benefits like you mentioned will definitely be welcomed.

Found guilty in conspiring with 20 other traders and brokers to rig LIBOR to benefit his own trading positions, Tom Hayes was finally convicted and sentenced to 14 years in prison by a U.K. judge.

@Gene Hacker, I was already interested in getting into home inspections to learn a bit more about analyzing a deal and estimating rehab costs, but since you do it and speak of all the benefits, it makes me want to do it more!  

Additionally, having a management company deal with the repairs and maintenance is a big benefit as well.

Any investment you can do with cash down I can outperform on an investment with no cash down based on velocity, cash on cash return, ROI, IRR, EBITDA, cash flow, tax benefits, NOI, any metric you want.

I don't have an issue at the moment as I'm the one benefiting from the use of his land.

Keep in mind, your LLC income is pass through to your Schedule E on your personal tax return, so CA is aware you are deriving income from your Colorado LLC.  

I don't like how this makes me look... unprepared, unprofessional and not serious.Should I:Do my on home work on the properties taking my own photos etc...How do I get the other person to give me what I need for the benefit of all involved with out being an *** about it.

And you get the benefit of having over 100 past ones to catch up on.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.

Some of the biggest benefits of seller financing are that the seller DOESN'T act like a bank.