My intent is to run the property as an airbnb, and to do that with an apartment, you need a corporate lease.

My intentions aren't to be rude, but there's a reason why the average person is more tight on finances now than in 2015, even though every bit of education on how to become a millionaire is widely available for free or a cheap price.Tai Lopez has probably created more millionaires than any other guru, even though he's widely regarded as a fake guru.

The current rent and asking price gives a gross rent yield cap rate of 16.5%, before expenses, so ideally with an all cash buy, the net after operating expenses should be a solid double digit %.I am ready to make an offer that with the current rent would give a gross rent yield cap rate of 20.5% to wholesale to an end cash buyer.I reached out to the seller 2 years ago before the property was leased and for all intents and purposes the cash asking price is still the same.Would these numbers be attractive to a buy n hold or turnkey investor?

However if inadvertently they are not notified their rights as mortgage holder remain.I believe the Intent of OK tax law is that the title is sold free and clear of encumbrances however there is no guarantee in this case.Thank you for the link.

@Hadar Orkibi you have done very well, lets do some business in Christchurch sometime, but ill need you to close fast. 

When you were old enough enter the workforce, regardless of how you grew up, the ills in society didn't get corrected.

My original intention was not to do the work myself, as I am currently also doing a live in flip on another house, but the way this deal worked out it was more advantageous to do everything else myself.

@Sean Troy , your suggestion is spot on as well and is certainly my intention once I reach sufficient scale.

You can't terminate a lease any time you want, but you can choose not to RENEW a lease, but you must give the proper notice of your intent to NOT RENEW THE LEASE, according to your state laws, so many days prior to the lease expiration date. 

A lot of folks refer to building a financial "ark" for these times and if you look at the origin of the term back in the Old Testament it was a very diversified portfolio of commodities in a vehicle with one focused intent - to float.