Quote from @Kevin Robert Highgate: The ability to invest in property and replace your W2 income quickly is tough.

Is it a normal practice to have a deal set up where you find a new place for the seller to move to?

While true as a practical matter, it's not because there are no such contractors.

Title VICIVIL PRACTICE AND PROCEDURE Chapter 83 LANDLORD AND TENANT View Entire Chapter 83.49 Deposit money or advance rent; duty of landlord and tenant.—(1) Whenever money is deposited or advanced by a tenant on a rental agreement as security for performance of the rental agreement or as advance rent for other than the next immediate rental period, the landlord or the landlord’s agent shall either:(a) Hold the total amount of such money in a separate non-interest-bearing account in a Florida banking institution for the benefit of the tenant or tenants.

It's common practice in Europe, Canada, Australia but almost unheard of here in the US.

Thank you for coming back and clarifying it, the minor difference does make a difference to me in practice.   

When I used to have RE Broker in my title ( I still have the license just dont practice) I would get folks pinging me about Vegas about once a quarter or so and I would hand those leads to my Daughter  she made some pretty awesome connections from a few of those folks that bought multi million dollar homes..

It drives me crazy when I hear these stories preventive maintenance is what should be practiced and discussing all avenues of the deal and the borrowers docs in advance.   

See what they feel about their ability to pay.  

- Any lessons learned or best practices you’d recommend for someone leaning toward this approach?