Interesting in my 30 plus years of HML lending I have never made a loan subject to a judgement.. you as lender would be put into second position and the Judgement holder could if they wanted to do a sherrifs sale and wipe you out.. the real benefit to me is landlords pulling credit..just my experience and who I write my escrow instructions..  

Just send a welcome letter explaining the change in ownership and the new payment instructions. 

The entrepreneur spirit just won't all me to give up though.  

I understand time is money and I am offering surf lessons/instructions for the guidance in the process of long term real estate investment.

When seeking funding I was instructed to stay away from anyone requesting upfront fees for processing and or origination fees.

I have developed an entrepreneur mindset, and I am really excited to see what I do with everything I have learned in the last 9 months through networking in New York City, listening to Podcasts and shows, and reading many books. 

Unless you instruct them well enough.

He instructed me to turn that to the middle.

Don't expect narrative step-by-step instruction to $1 million dollars.

For now, have them both pay you rent however they'd like to, be it together or separately as long as they follow your payment instructions on your lease.