Seller agrees to sell and buyer agrees to purchase subject property listed below.WITNESSETH: That Seller, in consideration of the payments, covenants, agreements and conditions herein contained which on the part of the Buyer are to be made, done and performed, has this day sold, upon the conditions hereinafter recited, to the Buyer the real property legally described as:SUBJECT PROPERTY: ________________________________________________________, hereinafter the property.LEGAL DESCRIPTION:________________________________________________________________________________________________________________________________________________________________________SALE PRICE: $________________________SUBJECT TO: _________________________________________________ $________________________EQUITY: $________________________PAYABLE:THIS IS AN ALL CASH TRANSACTION.

But there is nothing remotely uncommon, improper or unusual in what you describe.

Here is what I use in my business coaching business:Business OverviewEnter a paragraph explaining the business.The Business ModelEnter a paragraph or two explaining how the business makes money.Services Description1.Service #1: Describe the service 2.Service #2: Describe the service 3.Service #3: Describe the service 4.Service #4: Describe the serviceMarketing Strategy1.Describe how you will market your products or services. 2.Explain the market for your products or services. 3.Pricing products or services: Explain what is the pricing for your products or services and what the pricing is based upon.OperationsDescribe how you will operate the business on a day-to-day basis.Finances1.Develop a “bootstrap startup costs” list with a target budget of $1,000 or less, as well as the number of man hours projected for the first three months.

If I were to do it again, I'd find a brokerage that is investor friendly and geared towards finding deals like @Brian Ortins described above. 

A complete explanation of the service is described here: https://www.chase.com/online-banking/quickpayIn a nutshell, both the tenant and property owner set up a Quickpay account.

Hello, Separate but related to an earlier consumer credit-related post from the Wall Street Journal, this article describes how credit is used in calculating auto premiums.

Changing that out would not be at all expensive for a kitchen that size, I'd at least price it and see what you think.Basically, the rehab you're describing sounds to me like what would be appropriate (at least in my area) for a low/mid level rental, not a fix & flip.

Sean,What you are describing is a large chunk of our business model.

Make sure you describe what you want and stay on top of the work that is being done.  

They have a lot of partners they are integrated with, including API's like ConstantContact, which does a lot of what you described.