I would set out a contract defining the terms of your payout. 10-15% is not a debt interest rate, it sounds like it's an equity return and has equity risk.

@JayHinrich I’m looking for a company that will do double closings and are familiar with assignment contracts

You should take into account the expenses that go along with it, taxes, insurance, are you going to keep the utilities on you will need heat if you don't want pipes to freeze or you will need to winterize the property, if you are financing you will have those costs.

have a real estate attorney put together a contract for the transaction and note?

We recently used them again to satisfy that sales contract, was pretty quick and everything ended as it should.

I've had response rates around 4-5% with hand addressed letters.I quit sending for a while, but I'm thinking about starting back up this winter.

If you purchase, make sure and put in the contract that you are a licensee.

I did all the painting myself, but contracted everything else out.

My agent responded that if we were to accept their counter offer they would cancel all other showings, to which they agreed, and we were under contract!

It appears that we had a contract that the Plaintiff's attorney breached.