They agreed and we had a contract signed on June 28th for a proposed close date of July 31..

Late in a market home ownership is usually maximized by legislation. 

Determine NOI/Cap Rate = Project Value - all cost BUT land including a developer profit = the land value that can be supported by the proposed MF project.Architects, engineers, contractors and realtors are all great resources that have their time and place.

I phoned him and proposed a seller financed deal on all three buildings.

Too many municipalities are enacting their own legislation.

He was approached by a client who owns 100 units in 10 buildings in our native area, Northeast Pennsylvania (NEPA) who proposed a business plan to him, which my brother then opened to our other brother and to me.This client is 70 years old and wants to ease out of the business of rental management.

Yes there is the SCRA but also understand that many states also enact additional legislation for active duty military families regarding relief during deployment and PCS (permanent change of station) .

In RI it's attorneys who handle the escrow/closing, rather than title companies.Usually in Rhode Island, if you're using an agent and the standard RIAR (RI Association of Realtors) purchase and sale forms, you wouldn't engage an attorney until your offer is accepted (which in RI is the same as getting a signed P&S back), unless you or the seller is putting something out of the ordinary in the P&S (usually in the additional provisions on the last page but there are a few other places extra language can be added).In that case you might want to bring in your attorney to double check the language you or (especially) the seller are proposing, just so you understand what you'd be committing to.I'm not sure what your connection is to Rhode Island but since your profile says you're in Maryland there are probably some differences between the two states when it comes to real estate.

You can try to make them a proposal now but I don't think they'll do anything until they get that pre-foreclosure letter. 

Alfonso will need to discuss the topic with his plan administrator to see if what you propose is A) allowable and B) something they will facilitate.That is about all I can add to the topic, but wanted to point you towards the starting point.I do not foresee any US side complications, though it is possible any income to your partner may be viewed as taxable by the US.If you find the RRSP is in a position to make the transaction, you will want to connect with an attorney in Canada who can evaluate any tax/legal issues for Alfonso.