From a liability position the previous owners get walk a way from a nuissance property and an uninsured property that could be inhabited by squatters. 

Honestly, the message I walked away with was "Invest in the Education!".  

This site says it's for travel nurses, but their users come from all walks of life and it's growing daily. go to https://furnishedfinder.stats and enter the city information.

Say we buy a property for $1 million, but we structure it so it's 0% down but a bank/note buyer is in place at closing to buy the note from the seller at 80% value so they walk away with 800k in cash. 

Double-check comps to see if minor upgrades (like a walk in closet) might justify a higher rent. 

Because people cannot pay the bills on the land and it generates nothing, so that is what they walk away from.

@Sam TrightBesides the other comments above you also start really walking or crossing the fine line of selling securities when you start bundling up parts of a note and selling it to different people.

I ALWAYS recommend a buyer attend the inspection and walk around with the inspector.

Happy to have a call and walk thru this with you!

Adding to this - any insurance agents here who can take the time to walk me through options rather than just send me a quote then harass me to sign pls message me :)