@REExchangor I just did this last week. Everybody wins. I don't have to pay any maintenance or taxes anymore. My cash flow went up and their payment went down. Set it and forget it baby.
@REExchangor It sounds like the payments are interest only outside of the kicker and the final payoff. If I'm right, that's going to be a pretty cool blended return over the course of these payments to the owner of the note.
I did something similar 4 years ago and my company is called North Star Equities with the tagline " Your guiding star to real estate". I have since bought into an SVN franchise and go by SVN | North Star. Comic commercial brokerage that focuses on investment grade real estate across the country.