They will contract with me to do document preparation, i.e. executive summary, deal and company due diligence, powerpoint pitch book, summary business plan, 7-10 yr financial projections, preparation for market to investor contacts.

I know of some groups that specialize in these purchases if your group is looking to sell at some point.What was the intended exit strategy when the deal was initially purchased?

well this was a special case.

Try reading around the hundreds of threads about various types of real estate investing to see if you can decide for yourself which method will work best for your specific circumstances.Also, pay special attention to the BP blogs and posts about specific experiences people have had...that may be exactly what you are looking for.

Get these ppl out asap and use the rest of the time to prepare your property for the next tenant.

Lenders have more to worry about in Las Vegas than "due-on-sale clause violations".As long as this loan remains "current & performing";...you have a better chance of "hitting the jackpot" at Caesars Palace, than having the lender accelerate an otherwise performing loan in good standing for a violation in the "due-on-sale clause".Spending a few hundred dollars with a good attorney that specializes in these types of land contracts should be worth the money. (...try finding these types of lawyers who are affiliated with your local Las Vegas Real Estate Investment Club).A lawyer of this type can create a new, or review and update your trust/sales-agreement, land contract, etc.Here's a different twist:How about a back-up agreement and a back-up deed?

I see lots of these "handyman special" rentals posted on craigslist and even more as rent-to-own properties.

Your end buyer will want a title search and they should be prepared to pay for it.

Usually you can get refinanced in 90-180 days depending on the lender and the strength of the borrower.As far as structuring the title, that is something you want to get the advice from your lender and CPA before preparing any docs defining ownership.

Anyway, I don't see why the 4S and Siri merit a special warning...?