if i were to acquire these and have them be owner financed, I would want clear title and the other mortgage on this lot removed - especially if my loan has a balloon on it that matures prior to the existing loan, as how would to provide clear title?

He wanted it all sold as a single package with no owner financing.  

The interest rate is 7%, so we suggest this property is for someone who wants to get into Lease Options and meets the other requirements such as adequate reserves and credit.That means, they buy the property, they wind up with $50,000 in equity and they do a Lease Option to a buyer who doesn't currently own a house, but wants to.

It will be remote, but since you live there now, you probably already have connections who either already know the house or local friends to find you good people to service things as needed.  

Ask to speak with some of their current owners and current/former tenants.

On my lot where I live, I can have as many kitchens as I want (not sure why I would have extras) and can build a tower, but they won’t let me build an ADU for my mom unless it is connected to the main house.  

Are you focusing on corporate housing, insurance placements, traveling professionals, or something else?

Jim it does not restrict owners from listing with brokers and selling..

Currently, the house looks like a warzone, with huge horizontal cracks, buckling, and crumbling drywall everywhere.

Being walking distance to a SUNY campus puts you in prime position—demand is usually strong, especially in college towns where housing is at a premium.