It's a huge white space that nobody is taking advantage of and it makes sense produce content that people want to see, now you will start getting recognized as Cody the real estate agent that helped me make the decision to move here and why would they go to anybody else to help them find a home if then the person that help them make that decision.Conclusion To sum it up, you will be a media company/ real estate agent. you are going to be the content producer of information that buyers and sellers wantlike writing reviews of the best restaurants, interviews principles on why their school is the best, going to every destination there is to go to and provide walkthrough videos, etc...If you approach it like this then your now the source that people who are looking to buy in your area and sell are now going to go to. 

The Fed acts as the regulator and sets the broad policy goals with low inflation and full employment as the guiding principles.

Each month a portion of the payment is applied towards the principle of the purchase price. 

It's easy to have the payoff well above the original loan amount, especially if the second was interest only. where no principle was paid for X amount of years.

Also what is the principle amount that mortgage payment is based off of?

Do good work and run your business ethically. 

Your friend pays back the loan to the lender (father-in-law) with or without interest, with or with out principle, total amount due on an agreed upon date (probably upon sale).

I would be more open on using creative financing especially if you have good credit and income you can use that to leverage your way into deals with the principle.

I have plenty of family members that I would not trust to take care of a property for me because of their poor work ethic and morals.

There is so much more to that relationship than just the financials so make sure you actually like the person and that they are honest and ethical like yourself!