I have two properties (exact same property just across the street from each other) one is a seller finance that is coming to the end of its contract for balloon payment and the other is a fix and hold Interest only loan that is also coming to the end of its contract for balloon payment.

That's why I came across turnkey properties for some hand holding as you mentioned.  

Holds you accountable and kinda forces you to work it. 

Generally I'm a fan of hold until you die but in this case you are earning low cash flow on a large amount of equity.

Phoenix contains a rare combination of elements that have created an outstanding market for distressed property investments, including the following:Cost Savings: Distressed properties are sold below their market value and enable investors to take hold of properties at a trifle compared to traditionally listed properties.Strong Market Fundamentals: Being among the fastest-growing cities in the country, Phoenix ensures a high demand in housing and rentals, hence good potential for resale or income from rentals.Value Creation Opportunities: Most distressed properties need renovations; thus, such situations present opportunities for investors to increase equity by adding value.Population and Economic Growth: Phoenix remains among those cities in the country which are attracting more and more residents and business; therefore, this presents good, long-term appreciation possibilities of property appreciation and income creation.Challenges to ConsiderWhile the rewards can be great, distressed property investment is not without its challenges.

Quote from @Francisco Pila: Quote from @Heidi Xu: Investment Info:Small multi-family (2-4 units) buy & hold investment.

Seems to me if you hold the taxes the lien holder at some point will need to pay you in order to preserve their rights to the property.

ARK 7 can sell stocks within investors after minimum holding period.

I would hold the cash for keys idea in my back pocket until I heard what they have to say.

If you dont know california charges $800 per LLC per year.So it was either put them in the trust or LLC them each into their own LLC and having the trust be the owner, ie hold the beneficial interest.As well since ill be getting married im somewhat concerned she could possibly cause a liability.