Hi Karen, when you find a buyer and have both signed the sales agreement, you will then open escrow with a title company.

I told the sales manager my frustration and he said he would give me my deposit back.

, no I want to provide good product, cheaper clean furnished rooms to "techies", and abide by the rules as much as possible because I don't have resources yet to fight battles like this.

Usually they're having a mailhouse handle the production of their direct mail, and then setting up follow up prospecting campaigns. 

I know a lot of people are afraid of the "due on sale" clause when transferring property to an LLC, but if your loan is from Fannie Mae or Freddie Mac you're able to transfer without fear of the "due on sale" clause. 

Some of those loans might be under performing apartments that, after a loan reset, might be sold in a distress sale.

This rent could be structured as part of their installment payments for the sale of the property. 

If not, give them notice and put it up for sale. 

I would think about doing a lease-option sale.

But I'm also a realist, there trying to pitch for a top dollar sale.