No assignment papers were sent to me via the sellers title company, nor was the seller responsive.

No assignment papers were sent to me via the sellers title company, nor was the seller responsive.

Notice given June 1st would mean the tenant would vacate at the end of July.We send notices via Certified mail at least 5 days prior to the end of the month.

I am planning to eventually invest in real estate via rental properties or flips (not quite there yet, looking to get started at the very least about 5 years from now) but I'm wondering how other real estate agents have gone about this. 

You should discuss with licensed counsel prior to proceeding.1) As a disqualified person to your IRA, you may not add value to the IRA via the provision of goods or services.  

Just pay the for the extra work via guaranteed payments from the partnership.

If the sale of the property was via a warranty deed, then a claim could be made by either you, or preferably the title insurer, against the seller.

No assignment papers were sent to me via the sellers title company, nor was the seller responsive.

"My partner and I agreed on a promissory note that will state I will be paid all profit from prop 1" -  The payment should be reflected via K-1 from the partnership.

That way everything is 50/50 and he gets paid when you eventually dispose of the property or via cash flow.