It creates an inconvenience for the tenant when they go to their car after a flash flood and the french drain doesn't work well and they are up to their ankles in water trying to get to work, etc.

I am thinking once it hits the bad guys account they have within 30 seconds moved it off shore.this all started when title companies would not take personal checks.. because lenders and such could not get there docs there until last second.. so no time to clear a check.So then the title co  required cashiers checks.. well that went along for a while until the bad guys figured out how to forge cashiers checks.. it was really bad in Florida for instance.So then it went to wires were we are today.. and now with everyone relying on E mail. and the ability of hackers.. once the bad guys realized how much money flowed and how many to most of the folks doing this were newer it was like katy bar the door.our process since we wire every day.. is two fold request from closer and at this point we might be on deal 30 with the closer and have their coordinates.. any e mail that changes their wire.. the big one is Hey we just moved banks here is our new wire info.. that is HUGE red flag and we go into telephonic mode.. most of the closers I use I have used for many years so I know there voices.. 

I was considering getting my MLO license as part of creating my own notes / seller financing (in states I would be licensed in)  and was curious if there were similar setups of mortgage brokers as their was with realtor brokerages.Thanks

Maybe "club" wasn't the best wording for the title, but it wouldn't let me edit the title after I had created it.

You can certainly create an LLC that your tenant would pay monies to but it's the OWNERSHIP of the property that would create the greatest liability threat to you. 

Sounds like I might be creating unnecessary complications / overthinking things

That would be a good way to be able to advertise to family and friends as well as create Facebook ads. 

This creates a taxable event for the individual leaving which they are planning on anyway. 

The property appraised at 12.7m creating a value of 4.5m within 1 year.

They park their money in real estate but they did not create their money in real estate.