In this situation, my reaction would be to use one of my contingency clauses to get out of the contract.

You're in the same situation you are in with your original example, just with bigger numbers.  

If we know more about them, what makes them tick, their situation, etc. we can do a much better job trying to craft a proposal that will fit them.Next, I'd love to know what you're open to, vs. not open to.

They don't probably need the lump sum amount either.Is this situation usually written into an owner finance contract i.e. you can't pay off the loan for "x" number of years?

Anyone have any good advice on getting a better deal on the service in these situations.

I’m a newbie and I genuinely want to explore and understand hard money options, so I can set up my financing and get going.Please ask any questions, if that will help with my situation. 

So I guess it is okay to qualify a retiree a little differently since it is a different situation?

I'd be fine with it, but it probably wouldn't fit my future situation.

I'm facing a similar situation currently.

I have the exact situation in Vegas.l have the experienced operator and my investors just bought the a run down home .