I'm going to assume the obvious that it is tied to a home, land, commercial building, etc.?

Personally I would not want to be tied to the seller in any way post closing. 

If you intend to assign the contract and you're tying up a seller and possibly forcing them into foreclosure in the event you can't assign said contract, that's unethical and potentially illegal if your contract is not drafted properly (proper disclosures regarding your intent).

Be careful if the actual contract has any terms about assignment or allows their private access to the home before closing, as many "cash" buyers out there try to tie up your house for a low figure, then sell it higher to someone else before they decide to close it with you. 

Cons: I’ve analyzed +30 deals in the last 6 months and property 1 has much stronger expected IRR than anything I can find.Option 3) Sell property 5 and hold the cash -- Pros: Improves cash flow by $600 / month, Adds $40k cash to bank account, lowest expected IRR in portfolio.

If you are investing for a return on capital, the more you pay it down the lower your return on equity will become, as you have more cash tied up in an investment that brings in a fixed income. 

The cost to "evict" may actually be 1/20th since 'stuff' doesn't have tenant's rights the way a residential tenant does, but the entire other basked of 'stuff' to deal with seems like it might be closer to 1/2 or 75% of the 'normal' level of time/attention/etc that you as the landlord have to deal with.... but you're only getting 1/20th the income.Unless of course you are going to tie these to the 7 units themselves, and moving forward every time there is a vacancy, include the storage with the unit as a bundled pair, and increase the rent accordingly.

I have to assume this is a situation many others have found themselves in before and so I'm hoping there could be some clear guidance on process and legality.Situation: There's a prospective landlord in San Francisco with no next-of-kin and no social ties to name a recipient to transfer ownership of their property to after they pass away.

I am an affiliate tied to my my small YouTube channel but it’s not STR related.  

I assume these production companies have started their own financing companies and have deep pocket investors with them.We are still busy, when other companies are not, but if we were able to do our own long term financing at a lower rate than the banks than we would only be a stronger company.