Biggest mistakes with Seller Financing

[Daniel Sweet]

This would be my first seller financed property. Looking at a property where the owner owns it outright. I am in discussions with the owner and my real estate attorney for the purchase. Any steps besides agreeing to terms, payments, and having the proper amortization schedule, that I need to be aware of. Want to make sure that I am not letting anything slip through the cracks. I am making it subject to inspections being completed as well. 

I appreciate any feedback. Thanks.