(pretty good bet things aren't going to 2% any time soon)We have wound up restructuring several notes to our benefit because the owners were really happy to have the income immediately

The problem is there are a few more considerations versus say a 4 plex or similar investment. 

Your best bet would be to bring in an equity partner

I think that your best bet is to offer the Holder of the Contract for deed some sort of discount if they refinanced out of the contract for deed so you could get your equity, short of that I don't think you have a lot of options.

But the cost to have a license roofer install it is going to be $10,000+, if I had to take a wild guess....Versus a couple hundred dollars for you to roll on the elastomeric.

I may just need to file a satisfaction of mortgage and just do the cash out refinance at 70%LTV on my 3 unit versus the 75% this strategy was going to allow. 

There are a lot of online sources out there versus going to the local courthouse.   

Speaking for myself I would never consider a Sub2 unless I knew I had alternative exit strategies to take out that underlying mortgage either by private money, conventional, or other routes.What is the significance of the " default judgement states," versus what we have here in WA, OR, CA ? 

The company is also planning to re-enter the Chicago market with several new openings in the coming years.ConclusionIn the face of economic uncertainty, these major dining chains are betting on strategic expansion as a way to navigate challenges and position themselves for long-term success.

The conventional loan product can help eliminate sellers concerns while still keeping a low down payment.3) I would just compare your rents versus market rents.