It's a good idea to keep an eye on any rule changes and check resources like the City of Chicago's website or talk to a local lawyer who knows about short-term rentals.

Property 1 im 120k into it, the morgage company wants 136k . its worth around 190k currently, rent is 1800 if i wanted to rent it, HOA is 450Property 2 im 280 in to it, the lender wants 360, but its worth 500 and can easily appreciate more quickly, rent is 4000, HOA is 1400i have a family friend who is a lender whos willing to help offer cash to the lenders and then i can either sell properties for a lesser loss than 400k or hold for a few years and throw tennants in it and sell after to break even with the appreciation I'm hoping the lenders for the second propery is willing to work with me , and maybe even negotiate. i hired a lawyer today. fingers crossed.BEWARE everyone because im in a very bad scenario :(

Talk to a lawyer.

Update: I did speak to a Lawyer we have used before for evictions.

Yay, I'm a lawyer so I figured. 

I’ve never done a seller finance deal and I want to make sure whatever I offer isn’t so unusual that her lawyer or advisor shuts it down right away. 

Or hire a lawyer to help watch you as you search the MLS yourself and talk to the listing agent directly.

not a lawyer but I was under the impression that Texas does not recognize quick claim deeds, only warranty deeds, I'd look more into that. as far as the due on sale clause, everyone i've spoken and have done AMPS, sub-to, or title transfers, only one person has ever have a due on sale clause initiated cause in retrospect banks don't care how they get their money as long as they do.

You can use a simple guarantor note on rocket lawyer or a JV contract too.rocket layer is like a docusign but has documentation templates.

For any one considering this, please talk to your accountant and lawyer.