Can this work, and how would we divide/accrue equity in this sort of scenario?

Just out of curiosity, you mentioned paying the realtor fee. 

But what peaked my curiosity was the service whereby they find you wholesale properties via their research, marketing etc.

@Tyler Shoaf out of curiosity, what is the importance of the "100% of their time listing properties" As long as they get the job done as promised does it matter how they allocate their time? 

Presumably this means that the 8 days are not personal use (which means I can also deduct the mortgage interest accrued during this time from the rental income)? 

I had a similar experience a while back, when out of curiosity one day, I got my birth certificate and put the address of the first house that I lived in as  a child in Google Maps.  

That payoff will include late fees in arrears as accrued.

They have already got another home and don't want two mortgages nor to deal with tenants so it was just a thought since I want to accrue more investment property and wondered if this might work.  

Most towns are lax on this and will let 6 months of past due accrue before filing for the lien, which means it does not come up on title search.

The Mortgagee is only due the principal balance of the loan, plus any fees and advances made plus accrued interest.