He actually showed up unexpected at my doorstep at 7pm to personally deliver the loan files.

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.

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

@Juliette Olsen I would be happy to recommend a couple of PM's here in Orlando that I personally know and use.

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

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.

I come across a person who has a commercial strip of 7 stores free and clear worth around 2 Mil.

I can’t work with interest due to personal preferences so I don’t know what option will work the best for me.