Being a realtor has limitations as all transaction are regarded as regular income (add both side is SS and regular tax rate  25 percent, instead of long term capital gains15 percent) so for me it’s the difference of 23 percent taxes versus 46 percent.

Water and Power may or may not be on, and if its not you may or may not have to pay to have it turned on.

It is going to be even harder for them with the purchasing and marketing power that Zillow can have.

Do I form a limited partnership with an agreement specifying these details?

Missing a leg is nothing; but the pain meds you mentioned, and power tools, are a dangerous problem and could cost you way more than 12 an hour.

However, certain issues, such as limited partnership interests are always presumed to be securities. 

Other than coming up with 20%+ down on the full amount, how could owner financing play into this situation to limit the amount of capital required upfront?

If this is the case after a title search just get them to sign a general or limited warranty deed.

If working it out makes a landlord feel better more power to them.

I am most interested in the power of choice, having excess money provides.After listening to Podcast #222 featuring @JayHinrichs last night and then spending a little time on the forums, some things really hit home for me:#1- Take advice from people who aren't trying to sell you something.