Jesus, with this one brief encounter with Zaccheus, shows us how the Lord treats the unlovable.

What kind of reactions did you encounter when approaching a private lender (seller financing) with the idea to substitute the collateral?

Get this right and buy good properties that you can get tenants that can pass a high standard tenant screening, will help ensure you will NOT encounter too many bumps in your road to achieve equity growth.Lastly, I did rent to one of my brothers, but I had explained to them that it's a business.

I did just encounter something along these lines with a cash out refi and the numbers made sense to maximize the financing.

Only way a residential vanilla Fannie type loan officer would know anything about this, is if they encountered it on the job before.

The reason is statistically they are just not used very often.Here is some of the problems you will encounter:1.

Has anyone encountered this?

But if you under-budget and you end up having surprise expenses, you've just shot your cash-flow in the foot for who knows how long.And you're much more likely to encounter surprise expenses, compared to surprise income. 

Frank will be the best teacher you’ll ever encounter.

Some inspectors also do termite inspections and there should be a sticker to note the inspection, or in some cases they hire a 3rd party termite inspection and that person might could refer you back to the home inspector that contracted them to do it for them.