Once you have the property converted to two legal units, it's going to depend on business vs. personal useage. 

My guess is You will need to go through a foreclosure process in this situation as a legal remedy.

Inspections may cost more upfront, but they can save you from significant headaches and unexpected expenses down the road.Negotiate Hard: Use inspection findings as leverage.If the HVAC is near the end of its life, negotiate a credit for its replacement.If the cast iron plumbing is deteriorating and needs replacement, ask for a credit as well.Sellers often prefer negotiating credits over doing the work themselves.To give you an example: I was once under contract for an old house priced at $170,000.

Quote from @Jonathan Greene: You are ready to share deals that you worked hard to put under contract with someone on Facebook? 

Therefore your contract needs to adjusted accordingly. 

Make sure to hire an attorney to review both the A to B contract and the B to C contract.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

when you find a deal and want to secure it, you put it under contract.

HelloI’m currently in the process of selling a home and am under contract to purchase another home using 1031 exchange.The home I’m selling is under mine and my wife’s name personally.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.