I still look at the income to rent ratio, how long they have had their job and if it is verifiable, and run credit to look at address history and for collections.  

I have seen some fascinating Eco friendly houses here in Australia and have considered such a business for the Colorado market, but some of the neatest rain water collection systems would be challenging in a cold climate.

I've just been drawn to the idea of collecting 2 rents on one property but its seems that many agree that Indy has a huge problem with Vacancy on duplexes due to very affordable SFH rentals.I was very concerned about the level of saturation in Greenfield for rentals so your info is awesome.

The gas in the water rises like air in the system and collects in the upstairs fixtures.

Notices to vacate were promptly sent and late fees were collected.Lesson: Always send promptly send your notice to vacate and collect late fees.

Matthew, the seller does not lose the tax advantage when carrying a note long term, the sale is computed on the date of sale, thus the entire tax exemption is saved, the tax implications are spread over the years the payments are collected thus the seller gets to hold the tax advantage and a secondary one by spreading their liability over the years of the note!

You get nothing for your time and you have all the costs of advertising and collecting as well.

Without knowing what the needs of a seller might be, you need to assume the seller will want some exit and not have to be involved at age 90 collecting payments.

In 2014 that contract needs to be with a loan servicer as well, the seller can't collect the payment directly.

Still sitting empty after a year and really not much closer to collecting rent.