I guess the other way would be to quit claim deed the property, deed and note, to my MAIN company that I will keep open, right? 

Also there is aluminum wires run to the main fuse box.

This gets you 50 % of where you want to be, while simultaneously apprecating in value, not to mention the tax shelters that would become a major benefit to offset your income.

Never once had one redeem in all the years..Not to say there Is not a first time for everything :)of course if you can get the release pre sale this could be a benefit in two ways for the note buyer.One it could produce 3p bidders that would buy the note and if the OP bought it at a significant discount this could be a nice quick flip.. but if the sole intention is to gain control of the asset one MAY be wise to keep the IRS lien in place to scare off other bidders and risk the redemption that in all likelihood will never happen..  

My main goal is to buy & hold.  

The better question to ask is what is the benefits of having your license vs not having it and does it make a difference.

The listing boasted 'NEW' Kitchen & Bath and they were blinded by the clean white kitchen cabinets/tumbled marble backsplash and new vanity in the main bath that they didn't see how cheaply it was done.

To acquire the property, the buyer will need only $702,000 in equity plus amounts sufficient to fund the seller' s replacement reserve, insurance and real estate tax escrows (such escrows are held by the lender for the borrower' s benefit).Would that mean you only need to come up with the $702,000 to purchase? 

You can tell his eager to learn the game but being honest and knowing your numbers and really doing your due diligence is your main course for this meal.

So I have a Pine  tree that fell and broke my fence, but the main problem is that it has not completely fallen and the fence is holding the tree up at the moment and it is leaning over my neighbors house.So my problem is I called my insurance company they said they will send a adjuster to asses the damage but they stated  I need to call a tree company and have the tree removed and that I have to pay for the tree to be removed and they will re imbursed me.