A couple of years ago, I worked with an investor who never updated the contact information for the loan and the Bank call the seller (ex-wife), that day she was mad at her ex-husband and told the bank her ex allowed someone to steal their property from them and they got no money, she was kicked out of her house and there were strange people living there.This could all have been avoided if the investor did this process correct.Get educated, also I do not know your attorney but not many attorneys have the knowledge to do this process correctly. 

Ideally, you network with people who have owned properties for a long time.

Tell people your policies, send them via email when they start the screening process, and send them again with your denial.

Wondering what people's thoughts are.

People want to be on the water not near it.

I'd prefer 30 year fixed rate debt at 7% over this arrangement unless there is something that I am missing.

It makes lead management way more efficient since they get to focus on people who actually want to do business. 

Very, very few people keep the same loan for 30 years. 

Actually, I think you missed my point.

But people still flock to Disney, Universal is opening a new theme park in May and the area will always have new events and attractions to draw guests.