No more tenants at my home.However the root cause of your problem is you have given your tenant permission to pay rent late if they choose.

I know that there is risk because of the lack of paper trail, but could this also raise a red flag for the seller not wanting the banks to get involved?

The first time I got Zillow I paid $1300 a month and  got about 5 leads a day, closed about 1 buyer a month . not really a good return on my money but hey i stey out of the red.

@Mike Santos I have found 203K loans to be great, but there is a lot of red tape. 

After management, and looking at a monthly expense of about $150 averaged over the past year for maintenance, I am in the red monthly.

Inner city millennial buyer is dominating, suburbs for move up houses ( that we build is still red hot)..

Now, if the 5% is non-refundable, that would be a red flag for me, and I would walk.

I just feel strongly that we have choices in how we interact with other people - we can either be their cheerleader and root for their success, or we can be annoyed at new people entering our space and be sarcastic and discouraging.

I like the job and plan to be here for a while so I’ve decided to put down roots.

Refinance would put cashflow way in the red so not really an option IMO.