There're recent renovations and upgrades at the house (roof, water heater, etc , as per description in the deal).  

From your description and your questions, I would say that you don't have enough education yet to be putting anything at risk on a deal like this - especially from long distance.  

The dirty secret - that is only hinted at in glowing descriptions of the 1031 process - is that when you exchange, your basis will be that of your original purchase price of the OLD property. 

I  like it if the buyer of the home though is a very solid investor and they are going to use the homes as rentals.. in your description you need to adhere to dodd frank which is tough in these sub prime deals.. and you only have one source of repayment... a sub prime borrower.. 

If you present your place well in pictures and have a good description you should get a good amount of replies as people are always looking on there.

I'm debating between having a descriptive vs. non descriptive name for what the company does. 

Give a good description of the property with quality photos and even a link to an outside web page for more info.

**Quick description of your ROI after 10 years in each of those 3 scenarios assuming the $6k in contributions per year:Pay down mortgage (4% ROI):60k principal + $12k interest = $72k saved, all as equity tied up in homeNo extra payment, invest in stock market (8%):60k principal + $27k interest = $87k, all as liquid assetsNo principal payment, buy more proprieties with mortgages (20%):60k principal + $95k interest = 155k, paid as monthly income via rentAs others have said it depends on your risk tolerance but personally I'm going to take advantage of the cheap bank/govt money and grow my wealth at as fast a rate as possible.

As far as the description goes, there's a lot of fluff in there.

But if he really is capable, you might be able to start using him on basic maintenance on other things, and build that into his "free rent" and expanding job description.