If the effective interest rate, determined by the amount you paid for the house (i.e., the amount they borrowed), the payments (the rent), and the loan payoff (the repurchase price) works out to be very high, the whole deal can be declared null and void.Jon

First determine what YOU are willing to pay (MAX).Second go ahead and put in a reduced offer (10%-15% < MAX).If they counter the offer you've left room.If they do not counter wait 15days and put another offer in for slighlty more, but not more than your max.If they don't take your offers, then no loss to you.

Would the capital gain be better if taken solely as an individual (non llv) ownership of tjhe entity?

Bank could not find records of ownership despite what I provided for them.

So in your case the Senior would be second in priority and a buyer would still be subject to the Jr. since it was recorded first.Check with a local title expert to determine the law in your area.

(I assume you are talking about a project big enough that the Town required a formal traffic study to determine the projects impacts on the nearby roads.

Notwithstanding, a grantor of a warranty deed generally warrants the six covenants of title: seisin (old common law word for ownership--"to be seized of the land"), quiet enjoyment, right to convey, freedom from encumbrances, defense of title, and further assurances to perfect title.

Insurance in place, is it feasible to insert a clause in a Rental Agreement stating that for example, "Tenants agree that they will bear full responsibility for any damage, whether through negligence, deliberate act or accident, occuring from fire in any fireplace the determination of which shall be concluded forensically through municipal/county/assign-your-jurisdiction fire inspection" or something of the sort?

If you lose the case you can be blocked from any eviction for X months (retaliation is assumed).Your ownership does not provide you with full control once you have a tenant.

Determine what market rent is for your property 2.