Hello @Kenji Tominaga,Agreed with @Chris Seveney regarding having the owner offer cash for keys.Since there aren't many options on the market that can compare to the deal you have in place, I'd recommend waiting it out (if possible).Chances are, the value of the subject property will continue to increase while you wait for the tenant issue to be resolved.

The area is putting up more and more tourist attractions which should continue to drive more growth. 

But when we compare this year's figures to 2019 (the last normal tourism year pre-COVID), we see continued growth. 

- **Stay Engaged**: Keep the lines of communication open and express your continued interest in the property, even if he needs time to think it over.By approaching the seller with empathy, clear benefits, and a willingness to listen, you can effectively plant the idea of seller financing and potentially create a mutually beneficial arrangement.

It's an active business, not passive so I believe that requires continually evaluating the property, adjustments to decor, etc may be needed as well to make sure I'm fully optimizing the property.I have a lot of home renovation experience from my own personal home and my LTR's already so I'm very used to this kind of work.

I believe they likely will talk, they share a back deck and am concerned the different rates may negatively impact the relationship if that scenario played out.

EXAMPLE: college student living with parent(s).Regarding using child support - suggest you follow mortgage requirements:1) Need copy of divorce decree to determine ages of children, so you can confirm how long it will continue.2) Need proof of at least 3-6 months of actual payments, as too many deadbeat dads.

Should I continue to look in that area or shift my focus back to the expanding west loop? 

And, in the seemingly exceedingly slim chance that a suit arises that brings tries to bring the LPs into play, chances are those attorneys are not going stop at your LLC, but will try to pierce that veil as well to get to you personally.And lastly, Duke's point: if you are looking to protect your investment from liabilities that may arise from you personally, that is another matter.  

As a realtor, I’ve seen deals like this play out.