Explain why you need them to vacate the property and the benefits of accepting cash for keys, such as avoiding the eviction process and potentially receiving a financial incentive to help with moving expenses.

The investor must consider whether the potential property value increase or other benefits outweigh this loss. 

I strongly  encourage to share this information  and write an email and letter to as many state representatives and the governor to veto this bill or reverse  it.AB 2424 (Schiavo) lender does not benefit they only get what they are owed including all fee's etc.. benefit will be next in line and or the owner who lost it.. this will also cut down on the collusion that takes place at trustee sales. 

From what you said it sounds like a short term rental could be a good move, and the tax benefits could be significant if you look into the short term rental tax loophole. 

And you get the benefit of having over 100 past ones to catch up on.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.

We also have homestead exemptions where I'm at - which an LLC isn't able to take advantage of - so I would investigate the benefits of that as well when considering selling it to yourself.  

They only one benefiting is the architect.  

It will familiarize you with the basic terminology and benefits.

Free market is good when some chosen/special folk benefit from it.

The main benefits are doing ceilings and if you needed to paint a bunch of doors.