This would allow us to come to the table with less funds out of pocket on the front end when starting construction.Is the best way to complete the transfer of ownership through a traditional sale registered with the county? 

I have just read through the four years of this thread and found some great tips, thank you to the OP @Thomas Youngman and all the content others have provided.

I think I’m stuck in the paralysis stage, I have read some books and been to the conferences.

Hi Brian, everyone on this thread has great input!

off market, novation agreement How did you finance this deal?

as long as you understand that this is just initiation for joining a club with various and sundry real estate information .. nothing wrong with it for the cost of 3k ..

Do you think he read this thread and was talking about @James Wise specifically? 

@Sharon Porter,Investing in a state-controlled property like this can be an opportunity, but it's critical to understand the legal and logistical nuances.

@Victor YangWhy are you not reaching out to a NC real estate attorney to draw up a document that spells out the agreement that you are looking to do with the tenant?

It's best to invest in a company/fund that does this for you.