Will you be able to get Higher rents and possible force appreciation?

She may be holding them to sell to investors or retail buyers, with the pitch of "This house isn't on the market yet, but..." to draw a higher price and this agent would get both sides of the transaction, buyer and seller.You haven't mentioned how long she has owned the houses, years?

In some place the rental yields are lower/higher than in other places.

I can think of a couple of ways:1) Agreement with 2 payments dates (say 5th and 20th) and have late fees accrue from each date.2) Agreement with full payment due by the 20th ($50 higher), but violation of agreement would occur if 1/2 not paid by the 5th.Anybody else run into this scenario??

Disadvantage, it will be my first home that I OWN..The meat - 3 family - 2462 SF - Purchase price $300,000 (in discussion w/owner)Unit 1- 3bdrm plus art gallery - $1400/MoUnit 2 - 2bd - $1100/MoUnit 3 - 1bd - $900/MoTotal (conservative rents) = $3400/MoProperty is recently vacant, in decent shape (out-dated) nothing major needed ASAP, I would look to do minor cosmetic upgrades to be a "higher standard" rental unit at competitive market rate.2nd Property - Single Family 3,000 SF 5 bdrms - 2 kitchens (possible multi conversion) - Purchase Price $280,000 (in discussion w/owner)Quiet Dead end street in nice neighborhood, large backyard w/greenhouse-ARV - $425-$450,000Assessed $440,000..Initial walk through property needs new roof, and may have mold issue.

Wayne, Patrick is correct as a licensee is held to a higher standard of care in dealing with the public, they are seen (blindly in some cases LOL) as having greater knowledge and dealing from an advantageous position, it's viewed that way in all states but rules vary. :)

If that changes in the future and we a sustained increase and increasing trend in interest rates, we might start to see lenders call these notes due to lend at higher rates.Still pretty short, I think. ;-)

Could the BPO come back with an higher or lower value than the appraisal, yes, sure and vice versa.

They'd also let me show it before they moved out so I could possibly limit that turnover expense.I figured my upside there was an extra month plus I was getting someone that could move in immediately and that had near perfect application (his credit score was higher than mine :-)).

It seems based on your numbers that you are doing owner finance on what I refer to as higher end properties (Over $150K), which generally don't make good rentals.