The buyer the bank and the secondary buyer can push papers and approvals around all day long, but without a binding agreement with the seller (which can't be had without terminating the original agreement FIRST), there is no legally binding agreement between the seller and the secondary buyer.And as a seller (or listing agent) I would never terminate a contract with a buyer on the hope the bank will approve a different offer, especially if I've spent weeks/months working with the bank on that offer.

I've been searching the paper and craigslist and I've found a few units that are fully occupied and generating 1500-3000 per month... why in the world would anyone sell something that is making money consistently?

Generally, either the record owner or legally empowered, person-in-charge is the one who files moving papers for eviction to get rid of squatters and other problem people. 

If the tenant was the director of nursing at a local hospital , she would be fairly easy to serve papers .

I thought that it was an Ode to holding performing paper!!! 

That's where you lay out the ground rules between you and the tenants.

Anything that I should know or could prepare to prevent the "paper work hags" that Ive already heard so much about? 

We have been approached by someone from the UK who wants to buy some of our paper and/or fund new loans we have done as a private money lender.

That said, one trick one of PM's uses is to leave out 1 piece of paper and show up unannounced to their current residence to have them sign it.

The goal is not to create a Pebble Beach or Augusta National but to provide a quality experience on a clean, manicured course with an interesting lay-out with nice greens.