Well, you can put your self on the federal opt out list here:   https://www.optoutprescreen.com/This might be great time to do it as if you have purchased any property within 23 or 24 you likely will be in the money to refi already or soon.

The police said the tenant had 4 other properties he was doing this work at. 

I've bought properties before via "Subject-To" but I've never done a novation or a land contract. 

Well since I spent the better part of 40 years in Bay area and 15 specifically in Napa Valley and the last 20 in Lake Oswego and have done a ton of business in Yamhill county and own property in mac and all over the foothills when I was logging. 

We collect payments from property owners and distribute them each month.

@Adam ZbiciakI've been pricing these in the high 8's and low to mid 9's for most scenarios, similar to as you've described here.If you have a larger loan, stabilized with good cash flows, strong experience with 9+ properties, and strong liquidity, I've quoted these in the 5's (at par) at 55-60LTV with a Family Office I work with. 

From what I can see, they used to buy, fix-up, & sell properties in the Phoenix area.

My journey in real estate began several years ago, driven by a passion for helping individuals find their dream homes and making sound investment decisions.I specialize in residential properties, focusing on both buying and selling, as well as identifying lucrative investment opportunities.

I just closed on a few properties in both Michigan and Alabama for a customer in Texas. 

Also, if I do this can I do it again in a year and pull out more for another property?