If a tenant stops paying,  start the eviction process or whatever the proper legal pathway to get them out. 

Try to take the emotion and risk out of it, and think about the numbers.   

Still, I am early on in the education process so I am looking for any connections and advice I can find.

Did Ryan guide me through the whole process?

We suddenly had 2 homes and began exploring what our options were and that is when we discovered the intriguing world of REI and tapped into Bigger Pockets and Better Life Tribe, etc. to begin our education.In the time since his death and the probate process we have been paying his mortgage off and selling items from the home which we have been maintaining.

So still planning my next move with the expectation that I start this process around May 2nd week.

I helped 4 buyers with this process in 2023, brutal.

If the buyer doesn't need the concessions then maybe a reduction might be more appropriate but some of these details are to be worked out in the negotiation process.2.

In a wholesale transaction the seller is in some kind of financial trouble which the wholesaler is helping to resolve.You have two options an assignment or a double closing:I haven't done an assignment myself so not sure completely of the process, but in a double closing there is already a contract with the seller and the wholesaler who is fixing the liens on the title, when that is resolved there is a closing date where the wholesaler execute the contract with the seller and you execute the contract with the wholesaler.In general the closing cost in these type of transactions are covered by the buyer which it could be around 3.5% and it does not include sales agent fees.There is one thing that I didn't understand, it seems that the hard money lender is in charge of the transaction.

For this reason many states will treat installment sales contracts as mortgages and require a foreclosure process.