The paragraph you will insert into the promissory note will read as follows: "Maker of the note has the ability in the future to recollateralize this note to a different property just so the equity in that property and the cashflow in the substitute property has equity and cashflow to support the outstanding principal balance and the monthly payment." 

[Insert pet policy]Yours truly,_____________________________________ Landlord/Manager

you need to insert a Due Diligence clause, this could be as long as you need and can agree with the seller. from 3 days to 30 days or more.

If not, the buyer will remain responsible under the real estate contract to fulfill the obligations that he or she agreed upon at the time the contract was first signed.Any release of the buyer’s obligations by the seller has to be specifically stated and in writing.For example, if a buyer signs a real estate purchase agreement and inserts language that he or she will be taking title to the property in the name of his or her wholly owned corporation, that’s not creating any kind of assignment from the buyer to the corporation.

Some of the generic handles come with bushings/inserts so they will fit more than one shape of valve stem.  

And that verbal statement is good for the duration of that phone call, that's it, if uploading a W2 and bank statements is "too hard" for someone, that just means they aren't buying real estate in California, and that's ok with me, my landlord clients need renters and I'll indirectly realize some earnings that way (insert evil laugh here).By convention, preapprovals are good for 3 months.

IMO a sale makes the most sense. 450k as a down pmt on _____ (insert Real Estate) could be a lot of profitable doors.

Here is a sample letter: Dear_________:I strongly encourage you to assure that no restriction of seller financing is inserted in S3217 or in any bill created in conference committees.

:roll: As I am in business to earn a conservative profit to compensate me for the risk in this difficult market, I must also consider the costs for acquiring, carrying, repairing, marketing, which total about [insert your cost calculations here], and eventually selling the property.

Tell your current foreclosure attorney you want to enforce the Assignment and ask the court to insert a receiver.