I have some leads coming in from a mailing I sent out, and a couple of the owners are interested in seller financing.

Does anyone here know a good company that sales leads for people who want to lease option or rent to own.

As described you are not creating a valid note based on future performance for payment, that can lead to filing a false lien which is illegal in all states.

Does one need to be generated, and if not, why not?

IF you do any deals in MD ask about recent lead lawsuit cases)It involves a quit claim deed.

P.O. boxes or no address at all can lead people to think you're a fly-by-night operation or a scam.

In my market (phoenix), in some price ranges, in some neighborhoods, pricing was irrationally low, and it generated some amazing deals, and garnered a lot of press a little after the music stopped.

If you want to break into the probate side of business, instead of chasing down leads from the daily obituaries - why not befriend an attorney that handles the estates?

From my own experiences, the people moving in Jan HAVE to move; there are good reasons for having to move (need more space because expecting a child, or job relocation, or current home has some issue that requires serious repairs - think mold or fire) and not so good reasons for having to move (foreclosure, eviction, non-payment of utilities leading to no heat, loss of job).

The fact that you have a loan in your name is the problem, because that leads to a certain debt payment due every month that is inflating your DTI.