Massive action, determination, perseverance and hard work lead to success. 

If you can dream it you can achieve it with massive action and determination. 

From personal experience I can tell you with full confidence the only thing that can stop you from success are limiting beliefs.

Even if you decide to fight HUD *(initial reaction: crazy), your best path to future success on this property is to present the Muni with the idea that you WANT to make the property safe and whole, one way or the other.

You can think about putting that into a high interest savings account or maybe an ETF to let it grow a bit, while you achieve 1&2, and continue to save.Your on the right track by asking questions.

My questions if anyone can be so kind to help is;What does making the first lien a vendors lien at the same time achieve?

Make sure to review/listen to a podcast or two that tells a successful story of receiving owner financing.

Have you had success doing this as FSBO on Zillow, just putting on MLS for fee, or listing with an agent?

Earlier this year, they successfully renegotiated the lease with an increase.

My business partner and I tried RE our way and although we weren’t totally failing we weren’t creating the success we wanted.