Not even sure how WWC can legally proceed with their plan.  

It's important to proceed with caution and ensure that all parties involved are treated fairly.

Looking for some opinions on how to proceed with some difficult mid term tenants.

Unlike traditional mortgages, however, tax and insurance payments generally are not rolled into monthly debt service, and the buyer must make them directly.At the end of the loan term, the buyer either makes the balloon payment or obtains a mortgage refinance and pays off the sellers with the proceeds of a new loan.

If you choose to proceed, I recommend verifying the source of the funds as it could be tied to a specific type of compensation.

You can find that document recorded at the county where the property is located, or you can search public notices (here's a link for Utah):https://www.utahlegals.com/(S(qz3suyqbucrgtawc2hx2bhv4))/def...Search 'foreclosures' in the dropdown menu.The Notice of Trustee's Sale will contain the "trustee" name, that is who represents the lender in the proceedings and you can contact to verify the case is still active.

Back in my day, if you missed a payment (which as an investor I never did), the loan servicer would just start foreclosure proceedings as soon as possible.

.- James is right, once people copy your strategy, left.You sell a bit of it to them, let the rest mature and take the proceeds and find something new.  

@Ryan BiankowskiIn my opinion, if you have no experience flipping houses, no experience dealing with contractors and this is your first deal, $10K is nothing.Sorry to burst your bubble.An unscrupulous contractor will burn through your $10K in one day..... literally and you may never see him again.Assuming you have no experience, I would advise you as a starting point to slow down, sit yourself down, and buy J Scott's books for $49.00........and save yourself $9,951.00.Make sure you read them through thoroughly at least once, if not twice before making your first move.There are other good books out there, maybe a good local mentor that you can learn the ropes from and even some good "guru's" that you can learn from despite all the guru bashing on BP but I would definitely start with J's books.Said books are:The Book on Flipping HousesThe Book on Estimating Rehab Costs

We would greatly appreciate any advice on promising markets, recommendations for reliable agents and lenders, as well as insights on how to proceed as newcomers to the industry.