You may want to see if you can find someone (not a friend--they want to make you happy, and you need someone who will be upfront with you instead of telling you what you want to hear)  who would be willing to "role play' with you and give you honest feedback on what might be going on. 

My parents own a duplex and they want to take a less-active role in managing it.

It’s a great way to learn more while doing other things such as exercising, driving, etc.Get involved with a local REIA groups.

The role of the attorney is to deliver bad news.

I also purchased some bank notes several years ago and got a great rate on them, right up until the bank exercised their right to re-purchase them (as per the small print) and I got hit with capital gains that year as well as scrambling to find somewhere else to put the funds.  

I am very experienced in project management roles, and I am very dedicated to producing positive results. 

If they decide to not buy the home I will exercise my option and either rent it or sell to someone else on land contract.While it's not a hugely profitable deal, it feels great to create a new cash flow from nothing.

You can self-direct them without a problem but it's good to know about all of your distribution options and think about how RMDs will play a role in your investment strategies. 1.

Or it may be a real interest but encumbered by a bunch of liens that you will have to pay off.There is a role for QCDs, for example in family transfers or in REO auctions where the buyer is responsible for the title being valid.

If the tenant buyer decides to exercise their option do I exercise mine and what does that look like.