It's essentially a receivables contract assignment for a fixed term.

The deceptive part is the principal portion you are also receiving.

Fortunately, I don't work full-time because I receive veteran education benefits that cover the basic costs of living.

That includes receiving a hefty tax credit (i.e. subsidies from you, me, and the 53% of us who pay federal income taxes).Leasing is typically the most expensive way to do anything. 

On average, sellers receive 98% of the listed price. 

Coincidentally at the beginning of the month, I receive a water bill for over $3,000!

The best advice I've received while doubting my new journey...."

@Robert Burris Hi Robert, I wouldn’t worry about it and definitely wouldn’t take it personally as banks receive tons of calls from RE investors seeking loans.

At least 2,600 victims invested their retirement savings, totaling about $400 million.Shapiro siphoned off $35 million for his own benefit, according to prosecutors, spending $3.1 million for chartering private planes and travel, $6.7 million on a home, $2.6 million on home improvements, $1.8 million on personal income taxes, $1.4 million for his ex-wife, and more than $672,000 on luxury automobiles.Roseman received $2.5 million for himself and Acevedo received $1.1 million, prosecutors said.The Securities and Exchange Commission’s previous enforcement action in 2017 was settled in January for a total of $1 billion in penalties and disgorgement of ill-gotten gains, the agency said.

I have a friend who receives steady cash flow every month from his attached unit with separate entrance kitchen and bathroom.