This sounds like a development, so you and your team should have years of experience and a track record of success before you take other peoples money. 

Find out the goals for each private lender and keep a record of it.

For the record - I am an international investor.

This requires vetting their claims by reviewing EDGAR filings, property records, court records, Secretary of State filings and communicating with those who know more like city government, a more experienced investor, etc.

Seller should record their lien against the property, you both should have an attorney review to make sure all interests are property documented and protected, and i think everyone is in a good place. as far as evicting tenants... this is up to what you and the seller can negotiate. i would still be putting on the same contingencies - appraisal, inspection... know what you're buying. don't get blinded by the seller-finance piece. 

Maintain detailed records to substantiate deductions for materials, labor, and expenses, which can significantly reduce taxable income.While an S-Corp provides tax savings, it also requires payroll management and compliance with formalities, making it essential to stay organized or consult a tax professional for ongoing compliance.This post does not create a CPA-Client relationship.

I renamed it to whacka-con-artist.It’s still a LOT better than it was when I started on BP in 2009 and every other post started…….I have a MANDATE in which I’m third from the broker of record for a loan pool worth $500 Trillion and I want 2 points for myself in compensation for posting this ….. 

Looks like they are all not getting along:Orange County Clerk of Courts Records Search (myorangeclerk.com)

People are spending 400k for an ADU but Boxabl offers a studio, with appliances, full kitchen and full bath for 60k.

My strategist explained possible implications could be (1) longer initial vacancy (~60 days), and (2) potential for PM team to not perform well (as there was not yet a proven track record of their work with RTR).After much discussion, we pivoted to a townhouse in Dundee, FL.