We've rented to military vets using GI bill, and other students who get loan amount up front and want to pay rent up front....so they know they're covered for the semester or year.I'm sure there are shady circumstances too.The one risk for you I think is if the rental is not legit. 

In this particular circumstance, the lien holder was bought by another bank and the current bank cannot find her account anywhere.So, we need them to sign a form that is stating the account no longer exists.

Hey all, Due to a change in circumstances, and a poorly (unfortunately) timed purchase of a condo.

I would buy, knowing that if your circumstances change, you will likely be able to hold the property and rent it out, fairly easily. 

A super nice place where no one goes isn't as good as a fixer in the middle of Pigeon Forge.It will all depending on your circumstances.

Sponsor co-investment can creat a misalignment of interest and increase risk to LPs under some circumstances.

Under the circumstances it sounds like you handled it the best way possible.

In that circumstance, special rules under IRC Sec. 732(c) will apply.For property received in a nontaxable distribution, a partner's holding period includes the partnership's holding period [IRC Secs. 735(b) and 1223(2)].This is a complicated issue. 

When you call each hard money lender, ask them what will they do if you have trouble pay back the money under extreme circumstances, e.g. lost your job.

I'm sympathetic that it's not financially or physically possible for you to do that but, at the end of the day, no one else is responsible for those circumstances either.