@Tre Coleman it is best to find a seller if you have a good deal and market it right the buyers will come you can find contracts online pdf files even bigger pockets might have some as well but to be on safe side always have an attorney to look at it to protect yourself 

@Micaiah Cormier Nothing wrong with owner financing :) You would just need to use a title company and make sure everything is properly recorded like a real mortgage so you have protection.

I don't know if the restrictions are there to protect the consumer. 

does your listing agreement have a protection such as 45 or 60 days within expiration

It all depends on your expertise and market knowledge of what you’re selling.

Unfortunately, the areas you're targeting are a bit beyond my expertise/comfort level.

No one other than my wife is going to care as much about protecting my personal assets as I do.

@Sean HarrisonThe key is service and expertise as you will likely have questions regarding how to invest in real estate or alternative investments.  

I have a property I'm my crosshairs, but before I pull the trigger I'd like to get some community feedback on the best entity to purchase under for tax benefit and personal protection.

Additionally, if a deed transfer is not possible for a short sale then how am I protected if I paid him the 100K, since the property is already underwater, putting a lien on it would be out of the question.What would you do in this scenario assuming short sale price can be around $600-$700K?