Talk with the players that understand these types of deals.

While most of the players in this niche are not really active in the game, I think Ernie is.

A lot of big players pay 82-83% in California or more if they like to gamble.  

He knows the law and that's a dangerous thing, because he is a "player".  

Questioning... ...whether to to make an offer now even though the "players" wont be finalized until May?  

These plans will also typically offer checkbook control.There is a good bit of discussion here on BP regarding various self directed plan types and the services of the major players in the industry.Quality of services is key, whether you choose to work with a custodian or a facilitator of checkbook plans.  

@Leon Kanon  Memphis is a major player in the single family rental market for good reason.

I think we need more of the back story of the players involved in order to determine if it’s a deed, an assignment, a mortgage, an assignment of land contract etc that needs to be recordeddid not have an attorney or collateral company review the documents prior to acquiring?

Below is the link.http://www.thinkbigworksmall.com/mypage/player/tbws/12733/571069I hope you think it is valuable.

Those are key players that should be on your business team.