However if I was to live in the property and was "on-site" and created an arms length lease for the main home maybe it works?

The theory­­­­—or the hope, at least—is that the buyer will eventually refinance that payment with a traditional lender, armed with improved creditworthiness and having accumulated some equity in the home.Seller Financing for BuyersFor all the potential pluses to seller financing, transactions that use it come with risks and realities for both parties.

In Texas, a fee in excess of $50 is not permissibleWhere did I explicitly advocate for a UNLICENSED person to do this? 

Once you are armed with legal facts, then you can approach the neighbors to see if they'll play nicely.

Make sure it explicitly explains the process for termination if you are unhappy with their services, but especially if they violate the terms of your agreement.3.

Like I said the transactions are all at arms length!

@Amir Pasha Esfandiary To find out about an area go to IREM.org search for ARM certified property managers.

Paul's site isn't exactly explicit on everything you need, so is it just the Fire Certificate of Occupancy?

Used an agent-recommended local lender to put 10% down + 1 point for 7/6 ARM (with no PMI and option for no-cost refinance at 20% equity) for a house hack.

So, it sounds like the FHA option for me is out.So far, the best I'm finding is 80-85% LTV from local lenders; the downside is they will only do an ARM, not a fixed loan.