I know the area a little (have friends in OS & Long Beach), but not enough to just dive in.

I am actively showing one unit to potential tenants, but the unit next door os currently inhabited by a family that is causing some headaches.

I later found out (on rehabs) that it takes that long to finish the renno and then an additional 3 to place a tenant and for the non-rehab about 3-4 months. 6mo for the rehab scenario and 4mo for the non-rehab os a good chunk of change and just projects year 1 but not any other year.

OS- Operating StatementsLenders will want to see the income and expenses of the property for the past 2 years sometimes 3 years4.

I acquired and bought my first 30 or so properties with "creative financing" - sandwich L/Os, sub to, even seller financing.

Then if course, I will pass on then.but if they still paid rent, and their bankruptcy os because of something else, like child support, car loans, then might be something to be consider?

I learned sandwich L/Os from my mentor. 

It sounds very custom, but I think all Excel OS Microsoft 10 and newer have a built in Amortization Schedule that you can start with, maybe make an original then copy that sheet and in the second sheet play around with it.Very Unique ask and would love to hear if that goes through and how you set up that type of payment!

One thing I do with my wholesales that do not sell os to create hand written black font on yellow bandit signs that say Bed/ Bath, SQFTPRICEPh #Normally if you put these up all around the property, you will get calls.

We have tried "role playing" here before, it doesn't work well, there may be a lack of knowledge to ask the right questions and L/Os are discussed at length on BP, some reading is in order rather than to repeat things again.