Consider demographics such as gender, family makeup, life stage—and come up with topics for each segment.Re-purpose current materials.

The thought was to basically defer their down payment and the excess "principle" we would pocket as the down payment for the first few months until we received the agreed upon amount.  

I am only in the very beginning stages of starting my business so I am a newbie to everything. 

Not really into buy and hold at this stage of my career.

Both of them charge in excess of $1,000.00 to originate and transfer the chattel loan to a legally licensed and compliant servicer.

Under foreclosure search look for notices that were recorded from 2009-2010 (or some other time where loan mods were big), and then under Foreclosure Stage select NOD's that are "Outdated", and NTS's that are "Cancelled".

I know I will need to hire someone to manage the property, but before I can even get to that stage, does anyone have any recommendations for finding out of town investments?

@Rob Cee  from a non builder private passive investor construction loans are the most risky one could do... the risk is builder fails in the middle or ( like a builder I know ) built a home 3 inchs out of plumb.. caught at framing stage only way to fix was to tear it all down and redo it.he chose to finish it... and it looks like it should be at the Mystery spot.. doors crooked etc. house value to some one but steep discount.Liens  like here in Oregon properly filed mechanics liens are super liens...

An advantage of LLCs, is that the owners may claim tax losses in excess of their investments, such as on certain leveraged real estate investments. 

@Brian Flack My advice would be to stay away from any stage of foreclosure leads, primarily Pre-Forclosure...And i speak from first hand experience here in Ca...First thing is these people have already been bombarded with letters and flyers and phone calls and door knocks, from the 1st stage of people who get these leads, "mortgage brokers", in hopes of helping them refinance or re-do thier loan.