Yes, not the perfect tenant as there has been missed payments, a good amount of late payments (a week or two) but in the end they always pay and they take care of the house so I work with them too.Thanks to all for your feedback.

@Christopher Kolasa Hi Chris,He sounds like a genuine fellow, I would just make sure he can still make his payments as you take on this project.

Oooorrrrrrrr, talk to the seller and agree to put his name on the other property (have a good lawyer draw up papers) on a first mortgage spot in exchange for him financing the down payment too.

Email technology as it exists today, CAN NOT RELIABLY produce a Return Receipt. 

You cannot require electronic payment without an addendum to their lease. 

Low down payment, while they pay your mortgage and also you can use W-2 to work on student loans. 

If you currently have high interest rates, consolidating will greatly reduce your minimum monthly payment amount.

The Landlord must attempt to get the property occupied at fair market value, and while vacant the tenant will make full monthly payments agreed in the lease until occupied.  

Withdraw it and use it as a down payment?

Then add ALL costs related to holding the property (utility costs, insurance premiums, property taxes, loan payments, etc.).Concessions: Concessions are what you give back to the buyer at closing.