Q: which is the appropriate way to structure this agreement? 

Do you have any suggestions on typical owner finance structures?  

Let us know Anniemacs terms and structures?!?!

@Manly Souza I think he meant he no longer has them (either through them out or lost them) since it has been about 20 years ago, instead of being an illegal structure.  

How should this be structured so that all parties are protected?

This is where they trying to get me excited and sell me on the deal structure.  

A lot of partnerships are structured like that...  

I have ideas on the development and construction, but lack creativity/knowledge on the deal structure.  

Additionally, for me to refi these onto commercial notes would mean higher monthly payments, and my commercial lender would also want 20% down and for me to have a minimum of $36,000 in the bank in reserves to cover a year's worth of mortgage payments (which I don't quite have right now).So even if I wrote up a contract to purchase them and refi them, my bank would look at purchase price for the loan, not appraisal, so I'd have to come up with 20% of $174,000 for each one just to get them bought.I talked to my lawyer about setting up an LLC of some sort, and the lawyer was scratching his head on how to structure this.

Question in terms of title company, stupid question can it be any title company and what is the fee structure to get information like that?.