Exercise isn't even in my vocabulary any more.

Before I took possession of the building he had the previous owner send the upstairs tenants a letter asking them not to use thier exercise bike in the morning as it disturbs him.

It's a great workout for you, the homeowner, if you want some exercise, and the results are great when you're done, but I wouldn't recommend you let your renter build a fence.Take Care,Chris

Definitely treat renting your home as a business and not a social exercise (And I don't think you need an LLC in your case.

Buyer gets deed when they exercise the contract.

Of course the property would need to be a relatively higher cap rate considering it would need to cover the 6 & 8% interest being paid.Another option would be a lease option or something of that nature, sublet and exercise the option with private money or a conventional loan.I would love to hear some other ideas/thoughts, etc. on this!

IF YES, did the lending institution exercise the "Due on Sale" clause, either immediately or after they saw the escrow or insurance paperwork change from John Q.

I would only exercise the option if local development continues and I can flip the property for a nice profit.

You need an understanding RE broker.c) Doing a lease option sandwich, staying in the middle, you can earn 3 paydays: option fee spread, rent spread and exercise price spread.d) I find if you market to sellers without agents, as in expired listings, cancelled listings, DIY landlords, and even wholesalers giving you "no equity leads" in exchange for a possible commission for the lead, these are best. 

However, I have been reading that the option money and renters credit is to ultimately be returned to the potential buyer, in the form of a down payment, if they exercise their option to buy.