[Not official Tax advice].

@Tracey Kanowsky  So you're saying at official address on his website (10760 4th Street, Suite 200 Rancho Cucamonga, CA), some other business occupies the space?

In order to succeed where government officials, banks, developers have failed, despite access to a lot more capital, takes a lot more than $$.

I would recommend typing something up on very official looking letterhead.  

The borrower's right to redeem isn't officially extinguished until after the judicial sale.

Waiting for the Marshal's office to call with the official date of the eviction and hoping that the tenants move out in the meantime, leaving a minimum of a mess and damage (a landlord can dream, can't they)?

This might be a short term solution where she refinances in 1-2 years but we want something official written up.This would be a loan as we would like the money back and although we are much better off than her, we would ideally like to get paid back.  

Please share information about potential sellers, property management companies, lawyers, government officials & etc.

But I figure best to get the ball rolling by serving an official notice when having a conversation.

I was told that officially no busts/incidents/police reports involving the property in question exist.