Or, could the property be quit-claimed into Joe's personal name or another LLC?

In addition, it can take a lot longer to find a lease-option tenant than a regular tenant.

Joe semi-regularly and like the shops in Saugatuck.

Some, like taxes and insurance, and property management if you're paying for it, are regular, and show up month after month.

Couldn't the current property owner sign off on a quit-claim deed once you own it (This is, pending the property owner willing to do so once you've become the new bank).

I am expecting a lender to support my regular investment plans.Thank You

We visited the property at least semi-annually, but more if needed.Unless the leases are NNN, then the Landlord is responsible for most maintenance and therefore you at minimum need a local building engineer that the tenants can contact when needed and check on the property on a regular basis.

If you have ever read a standard note and trust deed used by mortgage lenders, I would bet a good attorney could find 20 things many home owners are breaching in their agreement on a regular basis… i.e. parking commercial vehicles, or operating a business from the premises...

In Ohio, you can file a "second cause of action" for damages at the same time you file the eviction.MikeOH, in FL, the eviction is handled through civil court, while the damages are handled in small claims court, for anything under $5000.

When a Realtor is involved, it seems more like a “home owner to home owner sale”, rather than a home owner sale to an “investor”.A Realtors commission is based on the sales price, just like on any other regular sale… And, the lender will pay real estate commissions to sell as that is a “normal” practice.