@Juan VargasI personally started my business by leveraging credit and now own/operate a multi-million dollar real estate portfolio.

Unnamed person may not be held legally or financially liable for damages and/or unpaid rent in landlord/tenant court.

For Investors: The high percentage of cash transactions indicates a stable market with solid returns.

I'd really appreciate any advice, connections, or recommendations for a local agent.Huntsville can be a solid market for single-family rentals, especially given its economic growth (tech and aerospace sectors specifically).

They may have been very solid buyers that changed their mind for some reason.

I am fortunate to be surrounded by knowledgeable brokers, agents and hard money lenders but feel I need a solid plan in place before I attempt to tap the resources around me. 

I've purchased two properties personally utilizing seller financing and represented at least a handful of buyers acquire properties with private mortgages over the past five years including friends and family members.

Tennessee doesn’t have personal income tax but if we create an LLC we would have to pay state income tax.

Be thankful they are taking this step on their own to ensure they don't get behind and stick you with unpaid rent.I'm sure how much they may be approved for varies on a case-by-case basis, but I have tenants who have paid the full rent for multiple months through COVID rental assistance.Your role is limited, and in my personal experience requires just a bit of information on the balance due and a signature.

Not interested personally.. but it is an option to trying to wholesale and failing miserably at that.