So I was previously a realtor for 5+ years and gave it up to invest... I did tiresome amounts of Ron's video's etc....then when it came down to it, all these sellers wanted cash... not at closing but like yesterdays k...

Love your message, I'll bet you receive a great response rate with this.

There are many different opinions but I would like to ask some of you for your methods for hedging your bets for a downturn that may happen in one or twenty years.  

Since they owe you rent, it's a safe bet they're not getting anything back, but you STILL have to send an accounting of how you applied the deposit within 30 days.If you do not do this, you could be liable for up to three times the security deposit, should they decide to sue you.

The owners of the LLC would guarantee the loan making it a safer bet for the lender.Hoping other members can fill it the gaps I left open...Best of luck to you!

@Anthony Boone Your best bet is to close and resell. 

It also makes you vulnerable to "betting the farm" on the next big deal....The key to being happy with your investing (or any other) results is to define what success is for you and then work to achieve it.

This is your best bet, and while it may be painful to pay him ANYTHING, it's the easiest.

I bet they come across a lot of trashed houses.

Another odd fact here is that 2 different attorney firms are handling the sale(s).