I've bought a couple sub-to's in the past and about to close on one next week. 

There is currently not a mortgage on the property, but due to the s-corp ownership, refinancing is not going as easily as I'd hoped.

Quote from @Saul Vargas: looking in Phoenix or Vegas, do you guys have a better market on mind?

The meters are rented and the monthly fee ($7.50) can be charged to the tenant on their statement. 

Quote from @Jed Butikofer: Quote from @Henry Clark:   On line look for property listings that aren’t in the auction  I have researched as you suggested and found a pretty good understanding of what these property tax sales are and it looks like a great opportunity.

A national buyer would review the BPO and maybe do some brief online research, but would not typically not know, as in your example, about the sewage issues or extent of interior rehab needed.

Do you have the case online? 

That said, I'm grateful for the alternatives you present--you're keeping the bottom line in mind, so I appreciate your help in exploring options that achieve the bottom line for the investors. 

There is a cumbersome way to do it on paper forms, but you should not.The only sensible way is to submit your 1099s to the IRS online, however not directly with the IRS.

Look for your states offer to purchase contract online or contact a realtor to get a blank copy. review the agreement to be sure assignment is not expressly excluded. if there is nothing excluding assignment from the contract then writing the words "/And or Assigns" after the name or company's name on the buyer's line should be sufficient.Good luck!