The case law in North Carolina is clear that there is a conflict of interest for the closing attorney if they draft the security instrument for the seller and represent the buyer...SO.... here I require the seller to get independent counsel to draft the second note and security instrument.

It may be worth talking to an attorney to see if there is some kind of instrument to bequeath the property to an heir.

Being willing to walk away from unsuitable deals and having an abundance mindset, you can save yourself from losses.

Sell and move into passive instruments - either NNN properties, or fractional TICs or DSTs or manager dependent properties far from temptation to get involved :)2.

@Evan Wiesner  not sure what you meant but a loan on its face is a security instrument recorded against the property there are no HML just giving money out with no security interest. and some are mom and pop but most these days are as big or bigger than your company. 

Assuming that in addition to the quit claim that transferred ownership from you to them you also did some security instrument (e.g., "deed of trust" or "mortgage") that gave you a security interest in the property then you will need to do a foreclosure.

On the other hand, getting my license has enabled me to act as broker for deals that I find unsuitable for personal investment, and I've done a bunch of those in my area of expertise(the Capital District of NY State.)

Seller is now 6 days in breach of contract and claiming they have no paperwork to provide us (even though they have claimed this before) although I know for a fact documentation exists as they have provided another trust instrument.  

Knowledge that is needed to be, not just good, but very good at what the RE investing profession demands, in terms of both education and legal requirements.In the not so distant past, I worked as a professionally qualified field service engineer in the area of biomedical instrumentation.

This note is guaranteed by XXXXXXXX Group.The Borrower must promptly inform the Lender of any change in name or address.If the Lender prevails in a lawsuit to collect on this note, Borrower will pay Lender’s court costs,collection agency costs, and attorney’s fees in an amount the court finds to be reasonable.This note was executed on this 11 day of OCT 2017 and I acknowledge receipt of a completedcopy of this instrument.