Of course, the landlord can contract the work out to the student, but that's on a separate contract.I've read stories of tenants that negotiated for lower rent in exchange for snow/lawn duties, then called up the landlord and demanded that they do it.

@Zoe Mercier - @Paul McCormick Jr seems to be the one with some insight in this thread :)I don't know whether this is a good deal or not, though I am guessing since the owner is compelled to attach financing to it, the deal must not be so easy to exit.

Any insight is appreciated!

Can you give me some insight to the area?

In my opinion, yes, it can be done, but you're looking into a bigger mess as far as the government is concerned.Lets preface this with I don't know exactly how this works either, but after a certain amount of people are involved you have to report as a Real Estate Investment Trust (REIT) and have to file extra forms related to your business and also after a certain threshold you also need to report members and their distributions to the Securities Exchange Commission (SEC) so they know as well.Being young (as am I) you are going to run into a lot of dead ends trying to apply for a residential loan with a business name.  

From what I have seen while looking at sample tapes, FCI exchange/other websites, and other comments; is that performing notes cannot be bought with that much of a discount (but I haven't seen what local banks/credit unions provide in their pools/tapes).

Wanting to learn and gain insight from experienced members that are local and of course bring possible business to them. 

Many of these investors are using 1031 exchange tax benefits to transfer assets from higher priced markets to Boise.  

I hire full-service property managers who do everything from maintenance to leasing.Thankful for any insight you can provide.Kevin

Sale, exchange, or leasing of property between a plan and a disqualified person."