I'm contemplating jumping into the travel hacking game.Anyways... my credit stay up close to 800 all the time.  

Job John,It’s very common to ask for the financials of the business when determining a percentage rent which is what you are contemplating.

This type of arrangement has the maximum benefit for the agent and the minimum benefit for buyer and seller. 

But for the past 3 winters I’ve had an arrangement with a neighboring business that allowed my tenants to park there overnight.

We will write a proper agreement spelling out all expectations and obligations, and use an attorney to make the arrangement proper and official including a buy-sell agreement, etc.We can likely buy and rehab our first property with our combined cash and without need for an initial loan, although we may want to get a loan after the rehab to get the cash back out, BRRRR style, and/or for subsequent properties.

Scott I was tinkering with starting a HML company in Honolulu one of my business partners there has a family foundation and a ton of contacts.. so I was researching licensing ( I am NMLS registered and Oregon state licensed but in active ).So no license needed in Hawaii for commercial purpose loans.. then I wanted to scout the local HML for rate shopping.and of course my partner there knows a few as well and a few lawyers.. so I know there are at least 3 locals there lending.I then was talking with Conventus about Oregon as I was contemplating brokering some loans for them.. and mention to Keith the owner he should check out Honolulu and sure enough he has done some deals there .. then you have the others that promise to fund if you buy their educational system or material there are numerous guru type companies that do this.. however the bar is set so high that finding that unicorn is pretty darn tough.. so they make their money selling you information more than they do lending 

He should receive the security deposits at closing unless you have other arrangements with him.

This kind of arrangement is pretty innovative, so there's no guarantee that you will find something similar in your area, but you never know.

We have a couple options as I see it (using an assumption that the market value is say $800k for the purposes of this discussion): Dad takes out a loan to "purchase" the house from the estate and arranges to give my aunt $400k.

We take this opportunity to talk about parking and public transportation options related to the property they are viewing.We ask the applicant to call us when they are finished with the application.We arrange to pick up the application in person at the applicant's current residence, if we can.