Fishy part is the guy bought at 90k and has been there since 2001, and all he has to put in is 40k to hit a value of 250k? 

If there's an assessment or litigation, you'll read about it in those minutes) Also, if you get the budget and you see a large increase in legal fees, ding ding ding, you may have litigation. 

We used one of those legal websites and here is the language we used with repayment specific to our situation.Loan AgreementDated: __________FOR VALUE RECEIVED, the undersigned, NAMES (the "Borrower"), located at ADDRESS, hereby promises to pay to the order of NAMES, (the "Lender"), located at ADDRESS, the principal sum of $XXXX together with annual interest of X% on the principal balance, and in accordance with the terms set forth below.Payment.

What I'm wanting to accomplish may be immoral but I'm looking for a legal way to get my bank to sell my mortgage to a trusted 3rd party.

There's lots of legal reasons you can reject someone - they're obnoxious, rude, pushy, a smoker, associate with drug dealers, etc.

As for the investing part I think you need to make a decision to either following the Dave Ramsey way of investing in your retirement but not your current income or  invest in real estate as a ways of bolstering both you retirement as well as your current income.

Hey Chris, for the most part i been online lately, my marketing has either been done by Bandit Signs, direct mail, dropcards, and i had lil bit success in the past but back then my mind wasn't clear on things like it is now and i refuse to door knock especially in the area im in, i tried it before it's not many owners motivated to sell, around my way is lack of owners just mostly people that are renting a property.

Clarification: did the lender foreclose on the wrong legal description (the same legal description deeded to you)?

Truly self-directed means that your plan does not have any limitations on the investments and you can invest in anything that is legal. 

It was treated a few weeks ago but her current landlord is not renewing her lease due to the pest problem and now the applicant is threatening legal action if we don't rent to her.