Sharks in the room- We have a friend that runs a fairly large real estate business in Florida.  

In addition the seller has given you the buyer a deed and if you don't perform they are generally SOL as you walk and their house gets foreclosed by bank because they don't have the means to cure. and now they have a full blown foreclosure on their record.There is a ton of abuse in this model with under capitalized sharks talking unsophisticated sellers into this scheme...

I know slot of people think that the requirement is 12 months for FHA loans, but it is not.  

Florida cities take first 4 slots in Mayor's survey.

I have no doubt people can ethically do this, but, when it comes to seniors and how often they're taken advantage of, I just cringe at the thought of another shark circling them.If anyone's been close with their grandparents and seen them struggle through battling insurance companies, random thief's calling them asking for cash on and on, door to door theives saying they have mandated work needed on the house and need half up front, you'll know exactly what I'm talking about.

From your description the profit margin on this deal is almost razor thin.

You mentioned you wanted to get away from StreetEasy and Property Shark.

This is a time where sharks are winning, and new investors can become their prey.

I've had several people tell me in the past that they've had "sharks" offer them lowball offers on their property.

Paul Lussier This is a loaded question as you will have a lot of sharks messaging you to say invest with them.