So far haven’t run into any major issues.

I have no issues with ones that will actually close at contract price even if not assigned, but the ones just trying to tie the house up for free, with no intention of buying unless they find a higher bidder, is just wrong. 

The biggest concern for me because I know that area well was foundation issues.

It is interesting to see in the Smokies 8 to 12 bedroom homes are not getting that much more income than 4 to 5 bedroom BUT has 4 to 5 bedroom been overbuilt as they represent majority of the building permits?

lolIf I/we can help with any Roofing issues or questions in the future, just let me know!

We no longer buy contract for deeds as there is just too many issues with them.

This helps prevent any fair housing issues and most cities do have laws around the number of unrelated people allowed to live together... and, typically, this number is shockingly low. 

The house was newly remodeled so I don't expect there to be any maintenance issues for a while.

This is a very technical area and the tax issues will depend on your specific situation.  

Issue I am having is that this falls below the 2% although I am able to aquire for less than the max proposed price.Using the 70% rule it works.