If he actually files a lien, doubtful, you’ll have an idea of the procedures.  

They should already have their own maintenace partners, protocols and procedures.

I'm sure the procedure can vary by state, but generally you need to name the occupants, or - if you don't know their names - list them as "John Does".

Wraps can be great for the seller especially if his underlying mortgage is at 3% and the wrap mortgage is at 8%, he is making 5% on the money he owes" If you can't find a lawyer or title company to do that procedure, you need to find someone else.Lease Option..... not so hard, you just put in your lease that you have an option to purchase the property for X$ in X months. 

Great topic - do you need what is the procedure of dissolve LLC in Nevada ? 

a) What’s the legal procedure called?

If you have flexibility on where you want to invest you might decide Portland isn't the best fit, but I hear very little doom & gloom from those of us that work in the market day-in, day-out. well I think we can all agree what was once the finest city on the west coast has a lot of issues and with current government its going to take years to get back to what it was..

You need to really learn the laws, have a solid lease, and have policies and procedures in place to deal with the difficulties likely to arise.

Do it with contracts and closing procedure.

The best approach is to just talk to a bunch and compare not only their rates/fees but their procedures.