Around my area, where I do rentals. 3 or more unrelated people cannot co-habitat in a housing unit unless approved.Every town and county has such regulations, and you'll have to find the body that handles zoning or city planning and take it from there.

Looking around the pan handle area and possible Gatlinburg.

You should consult with a CPA on how to handle the settlement on your tax return.

YUP closed their account and are gone at least under that handle.  

I'm currently working on finding a good one, but the pool is definitely a lot smaller than for management companies that handle conventional multifamily properties.

They understood problems happen and appreciated how I handled it.

And I make it a point to handle all issues in a timely manner (faster than most owner occupants would).

And since this will be a joint venture, be sure everything about the deal is documented in writing as far as what is the plan to handle the "7 D's" of any partnership (Divorce, Disability, Disinterest, Death, Dissolution, Dementia/Disease, and Default). 

I would suggest calling around to find an attorney or title company that has experience handling a seller carry back deals.

I was cold calling and I got this objection: "are you an investor" I said yea and then he said he didnt want to deal with investors and he hang up the phone.How would you handle this objection?