Gerald David, how is this product different than regular floating sheet vinyl?

It is a cheap way for my target market to be able to find me.I talk with wholesalers regularly and have had strong leads from them.

@Doug Smith ,IRS Publication 598 Page 9 Section 4, ExclusionsSelling a note wouldn't be an issue; however, if you are actively buying and selling regularly then it becomes a problem.

Some areas rentals go as soon as they are advertised and I get calls regularly from out of staters moving here on my homes for sale to see if I will rent.

I do not care if it is a flat percentage out of earnings, or based on consumption.

your note that pays 12% if you're collecting regular payments.

Great info....new member here and looking to become a regular. :)

While occupied it isn't your job to vacuum for the tenants, while vacant it would probably be cheaper to use a regular vacuum because it should only need to be done once before it is rented again.

You’re putting down 5% on an FHA instead of the regular 3.50%?

I see what you mean @Marci Stein , while it may not present a legal or difinitive ethical issue, it just feels "Icky".If you work with this agent regularly, and respect him, I would, at the very least, have a conversation with him to let him know that you are interested based on his recommendation of the place, and see what he says.