However, in a Series LLC you can file one document with the State and then create as many "Children" LLCs as possible - with each "Child" possessing limited liability from the other "Child" LLCs in the Series. 

Investor believe they need a loan to make deals work.Here are some ideas to use to eliminate the need for, as you say "hard money" loan.Don't buy Control the property with a skinny contract offers with controlling clauses - Use delay clauses in your offer - study periods, extension clauses, contingencies - delayed settlement date (1-5 years) use banking days in your offersTake immediate possession of the propertySell the property while you are in contract (use the auction method of selling - because the sale is "as is" for all cashControl and Roll I am not saying Hard Money is bad, but their are alternatives, like soft money, friendly joint ventures, family and friends, flip while in contract, credit lines, over draft protection on commercial checking accounts, credit cards, credit unionsHave fund, this is a great business.Charles

Resend an updated notice each month if they remain, and at two months out, advise them of the local "holdover" laws and penalty if they do not turn over possession prior to the specified date.For selling, I assume you want to get top price...I always recommend waiting until it is vacant before listing it.

If they don’t move out, you wait 7 days to file for the writ of possession.

I also advise them, if they have been good, long term tenants, and have taken good care of the property, that IF they complete their move early and give up possession, I will start showing it immediately, and if I find a new Tenant will prorate their rent, potentially saving them a few days rent.Even when given a specific move out date, never assume that it will be accurate.

Ironic isn't it, that an entire generation so entitled has thrown the idea of meritocracy to the wayside, all the while so concerned and possessive over things as intangible as the concepts and purposes for which they were engineered.

I promise there are plenty of contractors out there for everyone, and new ones come on the scene looking for work every day.....one cannot lose what one still possesses. most contractors will appreciate the work. getting paid fairly for the labor by itself.

I have no intent to do anything unethical but do not wish to be caught in an undesirable situation should I tell the lender that I WILL take possession and for some reason be unable to.

Thats a good one, I'm honestly not sure about how much equity in them he possesses but the way it was presented, I assumed it was a 100% ownership stake

Also, you can try to find the book 'Nolo's Guide to Starting a Small Business' in your county library (or buy it in Amazon.com) where they have discussed about the merits and demerits of LLC, S-Corp and C-Corp.With some knowledge I possess, here are my suggestions.