There is traditional turnkey purchasing with many, many turnkey providers located on BiggerPockets who can help you.

(He pays taxes but receives much more income overall) My question is, upon his death when we will call the note due (I will need a traditional loan on the property) how would this cash paid to his heirs/estate be taxed?

I wanted to open up the world much more, but I am very traditional in thinking. 

The downpayment is practically as low as they get (save a couple of exceptions like VA or USDA loans which have special requirements) and the credit score requirement is lower than most traditional loans.  

I'm a big believer in what we call "inclusive growth" in my industry, which is broadly working to expand the benefits of economic growth to populations that are sometimes left behind within traditional growth models or political systems.

My understanding is that it is pretty easy to use compared to traditional VA loan because they understand you already plan to fix the discrepancies. 

http://www.myrealestatespot.co...Now is a great time of the year to go to Airbnb and VRBO and use Luke's "enemy method" to see if you will make money:  https://www.biggerpockets.com/...Although Airbnb has changed this somewhat, It's traditional for STRs in OC to rent by the week (usually Sat to Sat) during the summer, mid-June to early September.

That is money out the window and all the way to India.How ever, when Hubzu has failed on the auction style, the property goes on a Traditional sale, TRNL and now I see "bogus" and "phantom" offers made.

The acquisition is on a personal basis with traditional 30 year financing.

Is there other, more traditional, financing planned for this property?