I understand that an advantage of note ownership is that its typically viewed as a more passive investment (no 3am toilet phone calls) and that is what attracts me to this concept. 

As tenants get more savvy about these new laws, they are more likely to call legal aid if you do not follow those requirements to a T. 

Sales rep who finds the buyer and get's the down payment to secure the sale gets 20% of the fee.I tried this model when hiring reps and realized it didn't work since I was paying for all the overhead, supplying leads (like you) and the reps were not staying on top of the lead calls.

I have mine set to no lower than 66 on cooling.

Apparently, the builders are so busy, one year is very lucky, but two years is more likely and there is no incentive for builders at the moment.

I have no idea why.

The neighborhood is nice, quiet, lawns taken care of, no junk cars sitting in driveways or the street, with a small HOA payment monthly. 

Haha   Hahah no no definately not them!

No money down, no risk and no work !

Currently, no pending maintenance.