My concern would be the note language does not properly address the concept and thus the Mortgagee would have conflicting language in the note itself to the allowed payment plan of the borrower.If the Payment language of the note is setup traditionally with a Fixed Payment over the course of 45 periods ($644.89) and the Mortgagee and Borrower made a side agreement (Forbearance Agreement) to allow for the irregular payment schedule than the 8 payments at $500 technically trigger the late fee penalty.

Are there any other ideas or concepts that could work leasing space for non permanent structures?

@Patrick Jacques I am not sure I understand your question, perhaps you could restate it.The concept is simple.

@Matthew McLean what a great concept!

The ROBS concept is not new.  

I listened to every podcast that was relevant to multi-family housing, took notes and implemented the concepts and ideas I learned about.

I want to get into buying and renovating homes (with a concept).

I know it's a bit more primitive but so much simpler and cheaper.

Saving him $15 $15 dollars isn't going to make him wealthy, teaching him to understand simple financial concepts might.18.

Many of the same concepts apply.