From there, talk to the involved parties.  

Due to personal faith based reason, I prefer to only invest in all cash deals that don't involve traditional financing (so typical passive RE options like syndications, RE funds with fixed returns, REITs etc are not a viable option for me).

You are mention the higher costs for MTR-- I would adjust the cleaning fee and add incidental insurance like Waivo to cover those costs.

It is a rare off-market property that does not involve work and/or have risk items.  

If either of them were to stay involved, it could cost you money and you would collect less.Send it to collections yourself.

Many factors involved: 1.

It felt like a no-brainer for the value of the land, but being able to utilize a traditional mortgage because there was a clean yet simple 3 bed 2 bath house on the lot made the deal even sweeter!

But from what I’ve seen the general price level of notes for sale is way too high for the risk involved.  

I currently have  1 Business Bank Account that is for Master LLC and stuck on best way to manage cash flow  and flow of funds between account for all master expenses related to my business setup vs and also expenses/ rent related to the properties to ensure that I keep things clean, simple and easy for reporting, taxes.  

When we purchase, If there are agents involved we might not even meet the seller.