I personally put them on a schedule, long term, because I do not have the time to do the work myself and contracting it out all in one shot comes with a large bill.  

for me personally I was in the land bizz buy land for cash or terms  sell on owner contract for Wraps.. we wrapped a ton of seller contracts in the day.. 

I am personally working with about 15.

Deal with it.Correct me where I'm wrong but Novations can be executed by either a Power of Attorney being given to the investor or by an investor just doing the paperwork, both being done after they secure their interest with an option contract (unless there's some other creative thing I haven't heard about yet).

One is under contract in which I plan to 1031 into something larger and the other I just plan to keep as the contract expires soon.

I'm actually under contract for a 4-unit property in Cumberland and looking at a potential 9-unit one in need of rehab.

If Person A had any claim to the deposit, it would have been right after they left, which apparently was over a year ago.Your agreement is with Person B and that's who you would return the deposit to.

Personal Guarantee: Will you require this?

I would be very careful with a lot of course or guru in general right especially a price tag like that what I would always recommend reading the contract and see who is the person more in favor and if its not you then dont sign up very rare to see someone actually benefit from a course.

If you have, you have put yourself at great personal risk.Again, I recommend you get a lawyer as soon as possible.