Lawyer territory :)

And now we are in front of Judge King because her lawyer is trying to say the tax sale was void (title of property changed hands about 8 times from the time taxes were due up until tax sale & no one assessed the property in their name so the "owner" at the time didn't get notice) and making a crybaby claim that as a lienholder she should have got notice of the sale. 

my lawyer says that it's not a Tennant landlord issue cause they we're never Tennant's they just broke in.

An LLC does not provide as much protection as people think, however I don't know a lawyer that would own property without one.

@Roy N. do you think I can have my lawyer demand that the deposit be transferred to me as apposed to the tenants? 

I am no lawyer, but my understanding is that by contracting with your buyer, you're agreeing to sell to them on a certain day, not asserting that you currently have the ability to close.Your mention of an assignment contract worries me a little: The whole point of double closing is that you are not assigning the contract, but rather buying directly from your seller and then selling immediately to your buyer.

Being a lawyer or an engineer won't cut the mark nor will having made several million dollars in doing any aspect of the industry!

Is there anyone on there that has a lawyer as a colleague?

I would suggest even saving your money and forget the securities lawyer and talk to either an experienced lawyer or accountant about what type of partnership or LLC would be better for you to operate with.

You don’t know everything about the law, but you use a lawyer when you need one.