Selling to tenant, any benefit?

[Konrad Wallerstein]

In general is there any benefit to providing a tenant a loan/mortgage to buy a property rather than selling it and generating income from note finance or the stock market?  Have any of you provided a mortgage to a tenant?

My specifics: a tenant fell behind and I did not evict him.  He is now paying regularly more than the rent to slowly repay the outstanding.  I will be moving and am considering selling.  If I sell to a third party I doubt the tenant will pay back the outstanding.  If I sell him the property we can add the outstanding to the capital sum.

Thank you for any comments.  Konrad 

[Mason Hickman]

@Konrad Wallerstein

I agree with @Nathan G.

One other benefit if you're still looking for one is that you would save on commissions to agents if you listed on the MLS. You and tenant don't have agents to pay.