Maybe he views you as a relatively new investor, and he's sort of testing you?

don't waste your uncompensated time, test your strategies with Google Adwords and you will have feedback within hours at a total cost far less than SEO and Social Networking, trust me I have been doing this since 2003.

> 3 courses then a ~3 hr test.

Start as an agent and you can start working on your brokers license, but you don't need to go for the test if you don't want too.

Best thing to do is test it out in your market and see what happens.

I tried to do this with one property (not a completely valid test, I know) and the answer the agent gave me was, "the bank wants to see it on the MLS for at least 5 days".

This is a bump and a test.

I get the impression from your post, saying "I want to offer to private investors" that you're just testing this creative financing idea.Bad idea to guarantee the return.

Sorry, that just doesn't pass the common sense test...

Tenants actually understand that there are rules to follow, but they are a lot like 3 year old kids, always testing to see what they can get away with.Once they test a couple of times and are met with a tough (but polite) response, they will usually stop testing.Your only power over the tenants is your ability to evict.