It would hold up to water or condensation from cups.

It's definitely something I'd like to be a part of.   

It's referred to as VTB (Vendor Take Back) or Seller Financing.

Investors do not like tenants that pay below market and re locked into long term leases. 

Quote from @Bree Jimenez: There are many ways to skin a cat, but you should choose one way and stick with it until you figure it out or learn that it's not working.

Hi Sally, thank you for the referrals, I really appreciate it.

Has anyone ever heard of this or do you have any suggestions for a new MLO with no experience?

And it showed in their reviews.  

I don’t know if they have the funds to get her unit in condition for her, but that was mentioned last time I spoke with them.Thanks for the reply, sorry you have had to do this research for yourself.

Brickell has that same kind of potential, but with even higher rent ceilings thanks to its location.A couple of things to keep in mind as you dive in:Financing: As a first-time buyer, you might qualify for low down payment programs.