The deal was done.Banks and checks didn’t exist for them and so every month I would personally go to the property and collect the rent in cash.

This is based on my personal experience.

I would also look up the statue of limitations for the tenants to come after you.This might be a personal liability insurance question.

Personal Actions.  

Personally, I don’t love the idea of selling.

Personally, this month is on pace for my largest production ever with $2.585M set to close this June.

How can we enforce a condition where that house should be sold only after group's approval, and should be sold only to another family with a spl needs person.

Personally I think $1.05 is not a smart listing price.

We've done this personally on refis with just a lease,  but through a local credit union so I'm sure it's different. it seems like there is a lot of potential problems this would create for the owner, tenant and PM if the lenders have to have a signed lease and all funds upfront, before the loan is closed.

Any investors/ buyers of mine looking for a vacation rental in Colorado tens to have dual goals -- investment and personal use.