PSS  if your business model is to buy NPN and then go straight to foreclosure IE its a vehicle to buy property that is a different partnership.. 

I can see if your model is to keep the notes its more complicated given all the money you have to spend with third parties getting the things worked out and or BK or other things people do to squat in houses. 

Fortunately, I have a natural tendency to do the right thing and in a timely manner so his complaints to have "safety" issues addressed are not too much of an inconvenience for me (although the renter himself is an annoyance). 

You can use it as iPad mode.

If I could find a modular that was similar to what I would like to build I would be open to an exisiting model. I

I've got my day job to roll the dice, im in REI for the "safety".

What a reassurance that I am on the right track here and that you have had significant success with the exact model I am looking to implement.

The kind I do not like are passed on from their parents who never learned to work so they expect you take care of them.There are some restrictions and annual inspection most have to do with safety(railing), smoke alarms, and sanitation....

Our buy and hold model is to buy homes in Columbus Ohio with private capital, stabilize the asset, and then refinance to put more permanent financing in place. 

.- If you go with owner financing, you become the bank so you get paid every month but repairs, property taxes, etc... are no longer your problem.You know your personal financial situation as well as the condition of the home as well as rents in the neighborhood so you will have to decide which model is best for your situation.Good luck!