I live in Mesa, which is close to Chandler, and I can see renting a home out for a season like to snow birds or possibly during baseball spring training but never would have expected weekend/weekly rentals as out performing traditional rentals with the high turn over and marketing costs.You have my curiosity,Casey

So if my cash flow is $2,200 a month and in 5 months I will have accrued $11,000

Believe it or not there ARE actually some MA judges that are reasonable...For longer term tenants you also need to send them any accrued interest annually or you can be on the hook for treble damages again.  

I believe we could make a part of our contract with him, though, that seller agrees not to attach any debts or access the equity, though, for the term of our lease and any extension - in effect, that it accrues to the future property buyer's benefit. 

Just out of curiosity, why amortize the loan over 20 years and then ballon it in 10 years?

Just out of curiosity and for my education, if the loan has already been made, why would you need to check their credit? 

If you're hoping to accrue a profitable data base, THAT'S where the gold is.

Just out of curiosity how much does a typical tub re-glazing cost?  

@Anish Tolia, just out of curiosity how did you get approached to be a private lender. 

I would dig deeper and deeper into a topic until my curiosity is quenched.