Then in your operating agreement on the company, you can put in a buy out clause.

I'm always looking for way to streamline and systemize my operation so I appreciate your insight!

Modern, direct vented, natural gas and propane furnaces are typically in the range of 92 - 95% efficient.Your decision on whether to replace the furnace will depend on the efficiency of the current unit and whether it make more business sense to replace the furnace or to add a heat-pump with an exchanger insert to the existing system ... and, it is (or should be) primarily a mathematical decision yielding which ever approach is going to offer the shorter payback and lower operating costs.The math aside, there will be other non-math factors.  

We are continuing to work on improving the operations and profitability on our existing portfolio.

@Wayne Brooks, the second lien was owned by Beneficial Financial, who closed down all their operations in 2016.

Profit on sale is all free money so very simple solution.Sad that so much money is sitting doing absolutely nothing, it should be invested to earn it's keep.

Simple.  

This is not the wild west, you are operating a business in which laws govern your operations.

Let's compare a simple wholesaler's deal to to the same deal as an exchangor:ARV is 200k,Repairs are 30k,As is value 150k,Purchase price is 70% of ARV minus repairs and 10k assignment fee so 100k.Wholesaler assigns contact and makes 10k..love it.Exchangor has same house worth 150k(as is value) that he/she owes 100k(contract price).

Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp The second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.