I want to keep away from any short cuts , I am not looking to take large cuts from sellers (I’m a true agent at heart and looking to serve my clients) .

This will be a commercial loan.

Quote from @Andrew C.: Have agreed on terms on a hard money loan to an investor I know well.

Wanted the 60 acres across the street and couldn't get it so bought this house on 3 acres instead.

My guess is You will need to go through a foreclosure process in this situation as a legal remedy.

Is this deal worth it?

Quote from @Sonja Revells: @Chris Seveney primarily Padsplits  I would speak to a few lenders first before going through all these hoops, as I started to do this then when talking to banks they were basically telling me either get a secured mortgage as they will not lend to a real estate company on unsecured credit/debt.

My thought is is use the Rent Ready feature of reporting his payment history to the credit bureau so it can work in his favor as a trade line, but I'm wondering if this is an unnecessary added step since he can already pull transactions on his bank side. 

But you said this is a SFH?

Quote from @James Harryton: I recently bought a home in Avon park Fl.