That is amazing - and I bet many people on BP would qualify.I also learned mind blowing stuff like: did you know you can 1031 exchange OUT of something you own INTO something you already own?

There are strict guidelines regarding solicitation so just be sure to know the do's and don't before raising private money (lots of forum posts here in BP on that).

I am also in NOVA (Burke) and own my own Private Funding Business.

Your best bet is to give him notice and hope he just leaves without causing a problem for you.

Anything else, questions or concerns let me know.Being you will probably be on both sides on this deal, if you decide to go ahead with it.For example:As a buyer you do not have to worry about coming up with the money for property taxes, private motgage insurance, or homeowners insurance and the seller will usually continue to pay for and complete any maintenance and repairs on the homehttp://www.biggerpockets.com/renewsblog/2013/01/06/rent-to-own-homes/

I did not want to perform 2 closings with this financer so I would orginally purchase the property with a land contract or private funds.

If you need either of those, let me know.I'll send you a colleague request and you can private message me if you're interested in any my contacts. 

If you rented to these applicants, you could ask that they pay per quarter or semester.WA State, from what I recall, does not provide scholarship for living expenses (is this a private school?

Those tend to be the best bet on non-normaly loans.

I would bet if you drove to those buildings during the day by yourself, you would not get out of the car.Great cash flow is super easy to find in those areas.