At the time I buy it back, it’s basically worthless because it has no assets and no potential deals in the works.What I would rather do is figure out how to paper something up on a deal by deal basis that didn’t involve complicated in / out of entities each time if I have different participants at different levels for each deal.

Next step is to have them complete a short paper application and then they complete the online portion through Smartmove.  

@Maurice Bey I am writing a book not on my experience at closing the deal (still need to do that) but is empathizing and sympath finding the elusive motivated seller that once can use electronic marketing to save money on paper direct marketing. 

So you understand from a material point of view: (home depot)5 gallon bucket of cheap interior paint=50Lockset=30Joint compound=104x8 Drywall=10All the brushes, paper towels, cleaner, miscellaneous= 200?

I'm not sure why they haven't sold the loan but some banks do hold on to some paper and that's not a bad thing. 

However, as it stands I'm cash flow positive (on paper). 

Took out a full page ad in the local paper.

The house has been on the market for a year now and is listed at 60% its original price...On paper it looks very good... 

I don't know about wall maps but if you like paper you can get one of those county spiral bound map books from Rand McNally and start writing numbers on them. 

... and you've presented your offer, 'now I don't want you to do anything you will regret so I'll recommend you take 24hrs to think it over and consult with your family/friends if necessary but if you know what you're doing and want to get this over with right here right now by all means let's move forward with this(then push the paper forward)' how successful would you be?