I would hire a local closing attorney to take a look at your transaction and guide you from this point forward.

Is he looking for a quick close?

What are the potential tax implications ups and downs of transferring the residential property to business ownership and then acquiring debt on it?

I also want to avoid the insurance company issuing out a payment in both the names of the Lender and property owner .... which could lead to a dispute.For context, I lent money privately to another investor, who put up their non-homestead property as collateral.

Why come all the way up to Cleveland when Memphis is right there?

Selling to a friend who sells to you again would not be an arms length transaction because you have a personal relationship with them and also you would pay closing costs twice to make this happen which is expensive. 3.

We rent single family homes, so we have a conversation about yard maintenance, snow removal etc - have you don't this before, do you have the tools etcI also bring up house cleaning questions, by telling them we had a tenant who did not own a vacuum cleaner, did not know how to run a dishwasher, had a mess in the basement etc - and then see how they respond.That is a non-offensive way to talk about house cleaning and you'd be surprised how different the responses are.

Also wouldn't mind building a relationship to team up on a project. 

Since I personally always get the most out of conferences when I have dedicated time after to decompress, digest, and implement what I've learned, I booked a private beachfront villa with some friends for a few days immediately following BPCON (checking in the afternoon of Wednesday the 9th, checking out the morning of the 12th) just a few miles up the beach from the Moon Palace Resort, and we have a couple of beds still available so I wanted to extend the invite to folks here.A couple photos of the villa are below, and some of my favorite features of this place include:- Direct beach access off the back porch- Private heated infinity pool- Private furnished terrace- Private resort access- Wifi- Indoor jacuzzis- Private kitchen- Air conditioningShoot me a DM if you're interested!

I would like to get them off my back until I decide to rent or end up selling the property.