Foot with updated kitchens and fresh paint.

From our perspective as investors and agents, a license is a great tool, not just for access to the MLS but for earning some money to invest in deals once you find them.

The other big factor that plays into Detroit’s big positive cash flow wins are the enormous amounts of renters desperately looking to move into freshly renovated properties.

If the property was non-owner occupied I would tell you the deal is terrible from c a cash flow perspective but perhaps you are aware of somethings happening in the market i.e. gentrification. 

I'm not suggesting that you are in any way similar to him, but one perspective that goes a long way in this business is to live and let live, and not concern yourself with things that do not affect you or pose a risk to your interests.

I’m curious if you’re running in to this from a paradigm perspective, or a result of the current impact of COVID-19 on the mortgage industry.  

I would highly recommend a conversation with the construction company, researching them on Google to find reviews and public conversations about them, and having a followup conversation with the couple (preferably the wife to get a second perspective from them) and clarify what it is about your home that is attractive to them (assuming there are other similarly priced places on the market).My experience in this is limited for sure, but the 4 times I've had a "too good to be true" tenant have led to 3 turkeys and time wasters and 1 young tenant who simply didn't understand the process well and came off as "too good to be true."  

How safe is this from an electrical perspective? 

Answer to your own perspective and don't overthink it, How did you achieve your success?

@Derek HamiltonI’m unsure why you think an owner financed mortgage note is different, from a legal perspective from any other mortgage note?