During the process I realized that I may have purchased a house that is above the current market demand and I will not get the type of tenants I want for the rent that I need; chalk that up to experience.

I've got one in Keller with an ARV of 150K and rent tops out at about $1300 (realize this is anecdotal, but I think you're going to need more square footage to get a commensurate rent)

@Ned CareyI realize this is an old post, but I will add my two cents Ned. 

Account Closed - good thing you put a pic there or people might not have realized what you were talking about.  

I realize it's a bit vague (I'm new to this, remember), but anything is helpful. 

If you didn't think you'd learn a lot on this site before, I'm sure you realize you will now, lol!!! 

I realize the value of a good RE agent but I'm not clear how they fit in on seller financed purchases.

They have to realize that you're in the business to make a profit.My advice is to combine your instinct with information and you'll do what makes sense for your business.Good luck!

But, I know nothing about flipping houses and realize that rentals would be much easier.

The matches really test your shooting ability, cause you to learn a lot and make you realize how much you didn't know you didn't know and are pretty fun. http://www.idpa.com/ As far as the type of gun to carry, if you do a Google search you will find endless debates on what is better.