We generally 100% require escrow - this seems like something that could probably be figured out - we do have the ability if needed in rare exceptions to waive insurance escrows however - usually we only do so in cases like condos or PUDs where the HOA requires insurance through them and they take care of everything.

You can build up good cash flow and equity.

As we have never been through this process, any recommendations or best practices would be greatly appreciated. 

Quote from @Carlos Scarpero: Studying this whole note world and I'm curious....From a borrower perspective, what advantage do they have going with a private lender vs going through a mortgage company/broker?

It is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.

How can we go about getting a clean title, no problem selling with sellers having access to the barn that has the property line going through it? 

In the meantime, they will apply for credit, apartments, and utilities through someone else's name.In regards to garnishing wages, unless the tenant works in a higher-paying field or for a certain company that pays more than other similar companies (doubtful), the ex-tenant is just going to leave their job and get another one, and you need to restart the process (after you find out where they are now working).

Redemption rights after a tax certificate are 3 years, through the county.

Very difficult to cash flow at all.

I have houses in a small Texas town, and they cash flow nicely.