I understand the personal name could cause some hesitation from one of the parties but just want to know my options.

In that environment, most of a passive investor’s concerns related to honesty, transparency, accuracy, and timeliness are managed by the administrator who is a neutral party.

If the old contract didn't specifically call out shared use or landlord use of the yard, then a new contract needs to be approved by both parties.

So much of the "how to" in REI can be answered with some consideration, slipping on the other parties shoes for a spin around the living room and a bit of consideration of how things look from that other side of things, asking yourself what would be wanted if in that other position, and that generally answers it. 

This will give you time to send in a 3rd party home inspector in and do some due diligence on the condition of the property.

The most important part is always to continue being a student of the business. 

This may be a dumb question, but are the down payments on Multi-Family units allowed to be creatively financed such as by the seller or other parties? 

My main concern here is structuring the vendor takeback in a fashion that benefits both parties in order to make the deal happen.

This pass November my father passed away and through conversation with a third party Gino found out.

I prefer one person to be the primary resident/ responsible party.