@Travis Brizendine A very good friend of mine just showed me how to legally defer my taxes into perpetuity.

Do not rely on it for legal advice.

So how can you do it ethically and legally? 

Then document it your notices like crazy - with pictures if you can - and let them know they are in breach of the lease, thus the lease can be terminated upon proper legal notice.

Nice area of town with comps averaging $145/SF.House is legally a 5BR, 3.5 BA, however actually has 8BR.

(copyed from website)It looks like this is for a production facility,  I am no legal analyst. but if I thought the house was used in production, I would  just pass on to the next buy,  Now with that said. how do you know the history of any house I buy?

I did not know that .. again got tagged for that 1k fine  get the license now all legal.. but 90% of the folks who may take a guru how to flip homes courses this wont be covered in this state.. and they are actively fining folks. 

Your legal options are based on your lease...If they were good tenants and the place is in good shape, I would do everything possible to start marketing it right away before the current tenant moves out.

Now, if you could get him to sell you the house, after which you could sell as a principal—that is legal.

If you invest everything in purchasing note, how will you pay legal fees, taxes, etc if you have to foreclose?