This arrangement could remain with the sale.

Although, if they're paying via check, then I would try to get them on a recurring direct deposit/bill pay arrangement since paying by check is really just an inconvenience for both you and the tenant.

A "sub 2" financing arrangement, where you take over the payments on a property, may or may not trigger the lien holder's ability to collect on the lien depending on the terms of the lien and state laws.

We placed a 3 day notice saying if she does not make payment arrangement I'll have to start the eviction process on 18th.

Let me know when you are coming to BCS & arrange to meet.I lived & worked in Austin from 1988 - 2015, so we have multiple topics to converse. 

Further, significant repair, maintenance and depreciation expenses will occur with this arrangement.  

We had one last year, they arranged for a bidding war, buy promising an agent a single party contract if she could bring offers.

Seller is interested in paying to occupy the property post sale for a predetermined period of time while they find new housing arrangements, removes their belongings, etc.

He has a long-standing relationship with a local bank who finances most of their flips, so because the bank knew a lot about the properties already, and they have a long relationship, they were willing to finance the notes2) I've seen several note funds on BP who have investors, but instead of a typical profit split arrangement, the fund just promises the investor a fixed return (8-12%) and a senior, unsecured claim against the fund's assets (i.e., the investors are the lenders).

Usually you get about 25% by finding and arranging the deal and the equity partners get 75%.