I think too many people get into this and struggle for too long before realizing that they not been properly trained and potentially could have dramatically shortened the learning curve.   

So I did not pay extra for it, but chose it anyway over other places.

Let me know if you plan to make it so I can let the owner know and he can make sure they are properly prepared.

Reporting the proceeds you pay to seller on a 1099 sounds reasonable.

Also, contacting neighbors is not standard practive for PMCs, so how much extra are you willing to pay your PMC to do this?

It’s paid off, I would “like” to leave it that way & maximize the cash flow while paying down the heloc between the rental & other income.  

We are building a place with HELOCs then after it is built we will finance it and pay off our HELOC, at least thats our plan. 

If you dont pay by next Thursday, I'm going to tell my atty to file it and take your property."

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

I think that this niche pays off a little better than SFH's.