That’s IF the lender decides NOT to pursue a strategy of bankrupting the borrower by filing a ton of paperwork, motions, requests for information, etc.  

@Henry ClarkGood information.

Any areas in Sacramento that worked particularly well (or didn’t)?

I myself am also trying to learn more about seller financing and you seem to be well educated so just what I wondered about your proposition!

*I know the markets really well even better than some local agents.

-The right “how” will attract the right “who” and discourage and weed out the wrong “who”.Me and my property management team developed the a 40-Point Complete Household System to not leave the “how” to chance.

@Mark G.We tried cold calling and that didn't work too well...with Propstream you just use your search criteria and it will give you a list of prospects to reach out to. 

You might be able to go this route if your lease says something to that effect.Without lease support, you can write them a letter informing them they are in violation of the terms of their lease due to the lack of proof of insurance.

While you should always consult a CPA and/or attorney for their professional advice, here's my 3 cents (I'm sure others will chime in as well):1) Having an LLC may make it "easier" to track but it's not needed in this situation as you can run this through your personal return just as well.

I can analyze LTRs more easily due to the availability of the material information.