@Jay JonezIf you are doing subj-to, you should have the reserves / capability to refi. 

You will also need to bring in 25% down and have 6 to 12 months reserves.

Some just make perpetual threatening phone calls.Some start court actions, so they get a money judgment which they can use to at least garnish state income taxes (you can't garnish federal returns).Property owners need to start asking PMCs HOW they will execute their services, so owner expectations can be better met:)

neither the real state attorney hired to create the LLC nor the CPA mentioned anything about tax implications when the company was created, I feel the 'experts' I paid for this services let me down.any recommendations, or options to minimize the amount of money owed?

When considering conventional financing after the initial purchase, lenders will assess your debt service coverage ratio (DSCR) and having a strong track record of successful real estate investments can enhance your appeal.

We are selling some property on Land contract and I would like to use a loan servicing company to collect the monthly payment, and setup escrow for taxes/insurance.

So, it could just be that they fell behind on a couple payments and will become due, or maybe because the servicing of the Note changed so some payments are missing until the servicing catches up..The sheriff's auction list, the foreclosure list, is the main foreclosure list. 

I wish to assume the FHA loan and keep the mortgage, clearing the arrears and paying something to the owners to motivate them for the dealIs there anybody who provides that service to coordinate this transaction for a fee ?

There is no advantage any more to the owner who wants to connect with guests and deliver a personal service.

From: https://www.irs.gov/publications/p925#en_US_2022_publink1000...Qualifications.You qualified as a real estate professional for the year if you met both of the following requirements.More than half of the personal services you performed in all trades or businesses during the tax year were performed in real property trades or businesses in which you materially participated.You performed more than 750 hours of services during the tax year in real property trades or businesses in which you materially participated.Don’t count personal services you performed as an employee in real property trades or businesses unless you were a 5% owner of your employer.