For a few dollars per month, depending on the policy chosen, it can provide additional levels of liability and premise insurance to the tenant, it protects the tenant's possessions in case of fire, theft, natural disaster (u never know, some be storing expensive gear, clothing, bling, in my units), it insures against accidentally injuring others (including their guests) on the property, and some policies even continue paying the tenant's rent if it happens that the tenant(s) loses his/her job during their tenancy.

Its a nice touch and saves us having to add FP insurance to our procedures. 

I'd be happy to examine further with loan terms and things of that nature.

He'll be out before the end of the month by way of an LEO.You can explain to him that in the event you file an eviction ($300 or so), he will probably never rent a house again, and will be spending the rest of his natural days in a trailer as no right minded landlord will touch anyone with a filed eviction on their credit history.

He assured me that SC has a state specific exemption allowing for seller held financing without the mandatory use of an RMLO for up to 5 properties per calendar year.Taken directly from the SC code of laws: "Exempt person" means:"a natural person who sells residential real estate and who lends or services, in one calendar year, no more than five purchase money notes secured by mortgages, deeds of trust, or other security instruments on the real estate sold as security for the purchase money obligation."

Master your formulas and equations and then you wont have to ask, knowing weather you have a deal or not will become second nature.

So some idiot can't wait for a couple of grannies to die naturally so their rents and value jumps dramatically so they do stupid stuff and get smacked. 

When I make a personal connection with someone, I naturally want to help them. 

IF it's on a concrete pad, natural gas fire pit and direct hook up for the BBQ, then it's probably not going to be an issue.John, since you are starting from scratch, as long as this is contemplated while designing it, you are good to go. 

Especially for folks who get very little positive response due to the nature of their work.