Quote from @Mitch Davidson: I haven't rented to FEMA, but I have rented to other government entities without issues.

Hey @Nsimba Gansa, great to see you join the BiggerPockets community!

Assignment of mortgage which has to be recorded.

I would like to start a syndicate or a LLC (if necessary) to do this.

Love getting the person that has zero debt to start the game.

I assume there will be more to the story, like they had to go there 3 times for some reason etc.. 

that OR consider buying a property you could short-term rent to people who literally just want to visit the casino if it's a large/decent one. 

Also if it is intended to possibly be a rental you should calculate the end result of the acquisition, the debt service, the rehab, etc and pretend to get a loan to refinance. then look at the potential rent to offset that monthly cost and see if it would cash flow.

I've been wanting to expand out of my market in Iowa, and see that the Winter Haven, Lakeland, Haines City areas are similar to purchase points as my market.

You may have to sell the whole property to access the funds in the IRA or 401k when you retire and for required minimum distributions.