This almost always means that he checking account holder has had numerous insufficient funds, deposited bogus checks, etc., and the bank , as a consequence is placing 10 day holds on their deposited checks. 

I don't disagree with you that voucher holders are not all "bad" tenants.

Are you strictly a buy-and-holder investor?

Back to land contracts, (not really like a car loan there Brian, you get title to the car and the lender is a lien holder on title out here) this has been a popular transaction.

This is really for all you buy and holders...

The only way a property goes back to lien holder is two ways: either at public auction where lien holder is high bidder OR borrower signs deed in lieu of foreclosure. 

What could happen if you miss something, and acquire a property without title insurance and then the holder of that encumbrance comes after you, you will end up having to pay them off.  

But his butt in jail.The lean holder has first rights to the properties.

The broker is going to require BOTH the owner and the option holder to sign the agreements.

If you want "clear title" then you would but I do Sub2 and AITDs often enough to know that they are easily possible if all parties agree.There is a deed recorded and the buyer does become the title holder in these transactions, too.