Is it better to pay income tax or not?

We can pay the contract early and get access to title earlier if we want- Property is in a very desirable area of town and I'm not worried about it getting rented. - My wife and I have very good jobs and I have no doubt we will always pay our dues to the seller, even if the property doesn't rent for 3 years- The seller (an LLC) has done multiple Contract for Deeds and has their process down.

Pay them back.

I target traveling professionals who are willing to pay a premium for a turnkey rental.What made you interested in investing in this type of deal?

Some residents pay privately, others use General Assistance, and some have some state assistance.

I need money to pay off the note on the land. 

Now if you paying all cash or using a hard money loan that different.

I also use PayPal and Venmo.Some just deposit directly into my business account.I make it as easy as possible for my tenants to pay me.

If they have been in the location for 5 years paying rent and never defaulting, then I would not require additional PG.

The 5 percent you pay an agent to properly market a nice property will far outgain what you will lose involving someone who will come in and pretend they have the money to buy just to daisy chain it to every Facebook group in the area.