The title company did a search and found out the sellers haven't passed a electrical and mechanical inspections and owed money to the county for delays.

Typically, when funds acquire loans, they assume delinquency/default risk in exchange for earning a yield on their investment.Yet this would work differently – it’s a request to purchase debt alongside a corresponding put option/insurance policy.From the buyer’s perspective, as long as the seller remains solvent, with sufficient liquidity for any exercised options, it’s a risk-free investment.

Initial Investment Length of Investment (Years) Shares Class A Preferred Return % LP Profit Split Class A Waterfall (Y/N) Waterfall Details Reinvest Earnings Option (Y/N) Physical Real Estate or Note Only Refinance Projection (Year) K1 Loss (Y/N) Yearly Interest Earnings Performance Average Annual Return IRR Refinance Return of Initial Investment Year 1 Tax Loss Effect Net Return (by Year) Total Return on Initial Investment

I had always heard an umbrella is better than an LLC - they will always go after the money and keep digging until they find it. 

For me personally I have 3 accounts for my 5 rentals but all the money is pooled together. 

Agreed, not a large amount of money.

Was told they wouldn’t take my money because no one will forcefully remove someone at his age and mental state.

I was under the impression that Section 40-10-83 only applies if an ejectment lawsuit is brought by a tax deed holder (judicial redemption).The most confusing part to me is, if the property owner doesn’t have the money for their taxes, how in the world are they going to have money to pay my legal fees?

And if the deal goes bad, you lose them money and the relationship.I would spend some time reading about partnerships and how to structure them properly so you don't get in a bind.

ROI do not take into account time value of money (selling the asset at year 8 instead of year 2 at the same price, your ROI is relatively similar, but your IRR is far from being the same).4- LEarn to analyze your portfolio: aggregate altogether all your assets and analyze if there's any project cash flow that would be required (balance of sale, loans, etc).