If she files a chapter 13, she has to pay the arrears over a 5 year period AND the normal monthly payment on both loans.

I am hoping this will increase my holdings and reach my financial goals in a shorter time period than residential.

Our business partner also believes if we don’t sell the house in the two week time period before the asbestos abatement is completed, we have lost nothing and we can move forward with the sale of the home with the asbestos problem resolved.Whaddya think ?

You'll see the numbers clearly, what it will cost, and what benefit is projected, and make an educated decision yourself (with the counsel of your CPA) and stop giving money to the IRS, that they allow you to keep!

"No check issued".) 2: Would it behoove me to achieve my write offs this year (the year I need them) and quitclaim the deed from my LLC. to myself, converting it into a primary residence down the road (adjusting my basis with the improvements and repairs) and only allowing potential litigation to attack my free and clear title for this short period of renovations vs. the life of our occupancy at the property? 

What if the seller is no responsive or worse what if they passed away during option period?

Unfortunately , lots of newbies get stuck at the startup/education phase and never progress beyond listening to podcasts and reading  a few forum posts ... break that trend and take action consistently... 

The podcasts are excellent and its great you are educating yourself.

GA is a "hybrid" tax deed state  - a tax deed with 12 months redeemable period system.  

It helps you narrow down the massive amount of information on the site.Don't get sucked into paying for education until you have done a good bit of self education.