@Tyler Youtzy- thanks  1)  you will need to occupy the new home within 30 days of purchasing it ...if your ability to occupy  will be   several months  into the future  - many lenders  will have an issue   2) In order to offset the present home you own with  rental income -  you will need to provde the lender with the new signed lease  froma  new tenant  ...otherwise - the  full payment will be used in  qualifying ratios 3)  if there has been any formal documents  recording regarding the  pending  divorce  - this will likely  cause lenders to  require the  divorce is   finailized before any new closing can occur

Some of the basic things include being prepared and looking presentable for the homeowner - it also helps to have a good knowledge about other listings in the area and what has recently sold in the last 3 months (homeowners like to know that you're well informed in their market and not just going to list it on the MLS and pray for the best). 

Or is there a more attractive way to present this so that he could perhaps sell it as a performing note?

So how do you know if it is a good deal to start with, do you have the experience and knowledge to determine that before presenting it to a buyer?

If a great opportunity presents itself, transition the funds into that asset otherwise don't use it and you maybe might pay a $50 dollar annual fee.

@Jordan DecuirSeller financing presents upsides and downsides to home buyers and sellers alike.

I tell the managers to not only present me with problems, but also solutions. 

Start looking for a good eviction lawyer now so that if the scenario presents itself you won't be playing catch up.  

If I don't sell any, I don't pay any tax on them.What would your solution be to the present tax system?

I don't get those touchy-feely presentations, but I'll periodically collaborate with someone who does (and who's not into the numbers).I also throw myself into situations sometimes where I'm a fish that's out of the water.