You're looking at this from the wrong angle.

And it might not look very tempting when put together.This part is for anyone reading this who never comments: My humble advice to anyone attempting to do creative finance is:Creative finance is for experienced investors who have access to capital if everything goes wrong.

What's wrong with applicant #3?

What happens if the box shows up wrong or damaged?

I like what I'll call the "west coast model" since it's mostly happening out here (though I'd love to be wrong about this!)

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.

Quote from @Christian Pichardo: Hey all, I am new to long-distance real estate investing and probably did everything wrong on my first investment property. 

The tenants so good I even lease a new unit to end same day an old tenant leaves, they have 700 scores so no one does anything wrong. 

People say they FEEL a property is right, or wrong, good or bad as an investment property.

If I am wrong in who actually financed your deal then my question is how do you pay a HML back if you intend to hold the porperty.