The next day I spoke with a principle at Secured Investment Lending who was very responsive and I closed earlier this week.

Has anyone stopped to wonder why some Sponsors can secure commitments from the more sophisticated check writers while others have to target less sophisticated investors and spend significantly more time on the capital raising to compete for the same buildings?

Soon though I didn’t feel alone anymore, it was the beginning of 2020 and by March I was joined by much of the world in my “what’s next” quandary.I was lucky though, I lived in suburban Colorado next to lots of park land and my wife had a secure job.

Looking for best recommendations when it comes to security cameras, motion sensor lights, key pad locks, ring cameras?

If they got a nice cushion of savings say like 10-20k, I would probably accept them as tenants assuming all the other ducks are in a row and if they are willing to put first, last and security down (if legal in your county/state).

Alternatively you could do a smaller a cash out amount and a private agreement for installment payments to each party secured as a second lien post closing. 

Is there any paperwork I need to complete with them to confirm that returning the keys means their lease is officially over?

State Where the Real Estate is Located: In addition to your home state, the state where the real estate securing the mortgage note is located may also have its own licensing requirements.

Officially, the buyer is the one enlisting the services of the buyer's agent and also the one compensating them (however this can be offset by the seller's offer of compensation).  

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.