The information I am receiving from Bigger Pockets has been very practical, real world, and less hype. 

Here are the terms : Transaction Details: Buyer will not be charged a Buyer's Premium for this propertyIf you are the Winning Bidder, an Earnest Money Deposit of 5% of the total purchase price or $2,500 (whichever is greater) is required.Buyer may receive a Special Warranty Deed or equivalent if Buyer is able to purchase title insurance without delaying the closing (title fees typically cost between $500 and $1500 and are based on the purchase price of the property).

How do you plan to use the $35k you would receive in a cash-out refinance?  

@Taron Jackson We used our business cards we received from Midwest Corp for cash advances for down payments.

That is really the driver for why I posted (and I've received great responses, thank you all).

.:  Same to both of you...if you are not satisfied with the servicing you are receiving please contact me and I'd be happy to discuss a much stronger option for the investor.

He sold the property on an Installment Sale, so the Installment Sale Rules apply, and those Rules say that the capital gains is taxable as he receives it with each payment.  

He called me today to let me know that I won his annual contest for oldest C/A unit, and that I would receive $1000 off a replacement unit installation cost if I wanted to replace it.  

 @Stanley Kong I just received 1 month notice in my duplex yesterday and I believe I will list for 1200, I try to Keep things clean and performing well and it will be at the top of the range with a monitored security system and dishwasher.

Your advice is appreciated.To provide some more clarification, yes, there are 59 Barn Stalls that have potential to receive $400 monthly each for board.