But this will only affect those who are short term holders, flippers, and those who are not leveraged.

I personally have never seen the need to use a LLC to buy and be a note holder.. as liablity does not warrent the expense and book keeping.. other than making it a little harder for those that send direct mail to beneficiaries i see no need personally.. ...

The local ordinance should not affect the ability of the note holder to sell their note on the secondary market.

I've spoken to a real estate attorney about this and its a fairly cut and dry process, but the one thing holding me up is that I need to produce a death certificate on the original deed holder. 

In addition to our in-house counsel, we have consulted with many professionals in the field, including tax attorneys, compliance officers of custodial companies, and IRS enrolled agents.Please show me where the IRS has "blown up" an IRA because the IRA account holder was signing purchase/sales contracts or simply handling expense and income transactions on behalf of and for the exclusive benefit of the IRA.  

Mom and pop can operate that way easily as the income is not important but a business, possibly with investors or share holders does not. 

A probate may or may not be required depending on if one of the current title holders is the spouse of the deceased.  

From what I understand whenever a change of ownership takes place, the county may send a notification to that lien holder indicating new owner.Can that lien holder that attached the lien through the courts come and try to collect from me personally?

a) County Treasurer takes $10K and pays the mechanic $100K, the mortgage holder $100K, and the remaining $90K to the home owner?

We pay $11 million in rent in each month for 16,000 voucher holders to more than 5,000 landlords, so it’s important we get it right.We appreciate your patience with us as we continue to improve the way we work.