@Carlo D.We have a separate account for both maintenance, as well as escrows for taxes and security deposits.  

However, I suspect that no matter how you cut it what you're offering will be considered a security, even if it's a debt security. 

The longer lease, assuming strong credit tenant, means you will have a secured income for a long time.  

I keep the rmd the lowest possible however to secure a loan on a home I inherited I had to adjust the rmd higher...now I want to move it back where it was because I am very conservative and like to have money for the unforseen future . 

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

After 4 1/2 years in the Army, I’m now a student at ACI Learning, working on my CompTIA A+, Security+, and Network+ certifications.

Here is there email to me: "With regard to your previous email, the closing attorney or title company is not responsible for securing or holding back the lender's private mortgage insurance to close any deal.

Has any of you had any success securing this loan?

So, you definitely want to require a security deposit from them.Lastly, the $1250 in rent wired above is probably misleading.

If, however, you think it will be a few years, you are likely off securing a HELOC which will result in a longer term and lower payment.